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Family heirlooms should be included in your estate plan

On Behalf of | Oct 19, 2018 | Estate Planning |

Thinking about how your relatives will carry on when you pass away is difficult. One thing that you might do is ensure that your estate plan is in place so they have one less thing to worry about. This will help them focus on their healing. We can help you get things together so that you can plan for them.

While many people are focused on handing out big assets, others are more worried about the fate of family heirlooms. Both of these are equally important in estate planning so finding a balance between them is important.

When it comes to family heirlooms, you need to make sure that they will go to someone who will appreciate them and care for them. This can be a difficult decision to make. One point to consider as you plan for this is whether the heirlooms need to remain together or whether you can divide them between people.

We know that you might have some questions about how you might be able to pass various things to people. This can be done through a will and trusts. Understanding the differences between these can help you make choices that represent your wishes.

As you are going through things that you might need to include in your estate plan, don’t limit yourself only to high-value assets. Be sure to think about things like the stained-glass butterfly that everyone in the family likes since this might be something they fight over. One goal of your estate plan is to minimize the chances that arguments over your assets will occur. We can help you set things up in a way that clearly conveys your plan for everything.