Downtown Lincoln, Nebraska
1024 K St
Lincoln, NE 68508
(402) 477-2233
When you need experienced counsel and representation for your legal issues in Lincoln, NE, contact the attorneys and staff at Cada Law.

A Guide to Estate Planning: What It Is & Why You Need it February 6, 2018

Downtown Lincoln, Lincoln
A Guide to Estate Planning: What It Is & Why You Need it, Lincoln, Nebraska

When you pass away, your loved ones will have to make a variety of critical decisions, some of which can cause confusion and friction. Comprehensive estate planning allows you to make these choices in advance, making your preferences legally binding. Whether you own considerable assets or just a small savings account, estate planning will give you control over how your belongings are distributed after your death.

What Is Estate Planning?

A strong estate plan includes a variety of tools that help ensure that your wishes are respected when you’re unable to express them. Your estate plan should include a will that describes who should receive which assets after you’re gone, as well as powers of attorney empowering others to act on your behalf if you’re mentally or physically incapacitated. An advance medical directive allows you to leave detailed instructions regarding the type of medical care you receive if you’re too badly hurt to communicate with your health care providers.

Why Does It Matter Now?

estate planningWithout an estate plan, your family members will be left trying to decide what you would have wanted, often leading to bitter disagreements about property distribution and medical care. The probate court will distribute your assets to your blood relatives without taking into account which relationships were most important to you. If you’re seriously ill or badly injured, your spouse or business partners may be unable to manage your affairs without a durable power of attorney giving them the authority to sell property and enter contracts on your behalf.

 

Whether your estate is straightforward or extremely complex, the legal team at Cada Cada Hoffman & Jewson in Lincoln, NE, will ensure that your wishes are respected after you’re gone. They understand that no two families are exactly alike, so they provide customized solutions tailored to your unique needs. For more on their estate planning services, visit their website or follow the law firm on Facebook, and call (402) 477-2233 now to schedule a consultation with a member of their team.

Other Announcements, Events and Deals from Cada Cada & Jewson
5 Steps for Creating an Effective Estate Plan, Lincoln, Nebraska
Estate planning is a way for an individual to design the legacy they ultimately leave when they pass. Without proper plans in place, the handling of one's estate is left solely ...read more
How to Start Estate Planning in Your 30s, Lincoln, Nebraska
If you're in your thirties, you might be interested in starting a family, or perhaps you've acquired a list of professional achievements. As you settle into financial adulthood,...read more
4 Factors to Consider When Naming Your Child's Guardian, Lincoln, Nebraska
No parent wants to contemplate what would happen to their children if they and their spouse suddenly passed away, but it is important to have a plan in place, nonetheless. Nominating...read more
What Is Estate Planning & Why Is It Important?, Lincoln, Nebraska
  Whether you’re just starting out or you’re approaching retirement, an estate plan will provide you with peace of mind. Should you pass away or become unable to represent your...read more
3 Ways to Minimize Car Accident Injuries, Lincoln, Nebraska
Car accidents result in numerous personal injury claims every year. According to the Centers for Disease Control and Prevention, approximately three million Americans are harmed in n...read more