MINT Hill, NC – The coronavirus pandemic may never affect your health – but you’ll still want to ensure your affairs are in order. Now may be a good time to establish your estate plans or revise your existing ones.

Ideally, these plans should allow you to achieve two key goals of equal importance. First, you’ll want to arrange for someone to make health care and financial decisions on your behalf if you become incapacitated. And second, you’ll want to make sure your assets will be distributed in the way you intend.

To accomplish these goals, you’ll need to create a variety of documents and arrangements, possibly including a last will and testament, a living trust, a health care surrogate, a financial power of attorney and a living will. You’ll also want to update beneficiary designations on your financial accounts and insurance policies.

These estate planning tools can be complex, so you’ll need to consult with an attorney and possibly your tax and financial advisors, too.

If the coronavirus pandemic has raised your concerns about the legacy you’d like to leave, take the time to launch or update your estate plans – you’ll be glad you did.

If you have any questions, please contact me at 980-859-2549 or by e-mail at Brandon.Monette@edwardjones.com

This article was written by Edward Jones for use by your local Edward Jones Financial Advisor.