Think Your Salary Can Bring You Safely to Retirement? Think Again.

In the sea of financial planning wisdom, there are too few messages about the importance of mindset. Gone are the days when simply saving money was enough to get you to retirement. With pensions practically a thing of the past, it takes more than just a big piggy bank to afford retirement.

Saving strategies aside, changing your mindset from that of a consumer to thinking like an investor, or even an entrepreneur through a side hustle, can give you the security you’ll need to ensure a comfortable retirement.

Many people believe that investing wisely is the key to taking your retirement planning into the 21st century, but is it really enough? Smart financial advisors recommend multiple income streams to ensure you can retire comfortably. Even with a healthy retirement savings, it is wise to look for ways to diversify your income sources.

Enter: the side hustle. Your side hustle (i.e. a second job, side business, or income-generating investment) boosts your income while minimizing risk that you’ll run out of money down the road. Your salary isn’t guaranteed, but with a side hustle (or a few), you won’t put your retirement in jeopardy if you lose your job or change jobs.

If an advisor focuses just on the certain amount you need to save by age 55 to retire, they might not have your best interests in mind. In reality, there is no magic number. No one can predict how much you’ll need or even tell you where you need to keep your money. That’s why it’s so important not to limit your retirement planning to simple money saving techniques.

If you are ready to take the next step toward planning wisely for your retirement on the road to reaching financial independence, start by sitting down with us. As Estate Attorney we will walk you step by step through creating a plan that will help you achieve your financial goals. Ask about your Money Map Planning Process or start with a Family Wealth & Legacy Planning Session, which will give you absolute clarity on what you own, and what will happen to all of it when something happens to you, so you can make informed, empowered decisions for the one’s you love. Before the session, we’ll send you a Family Wealth & Legacy  Inventory and Assessment to complete that will get you thinking about what you own, what matters most to you, and about your wishes in case you become incapacitated or when you die.

This article is a service of Gratia P. Schoemakers, Estate and Business Attorney. We don’t just draft documents; we ensure you make informed and empowered decisions about life and death, for yourself and the people you love.  That’s why we offer a Family Wealth & Legacy Planning Session, during which you will get more financially organized than you’ve ever been before, and make all the best choices for the people you love. You can begin by calling our office today at 832.408.0505 to schedule a Family Wealth & Legacy Planning Session and find out how to better protect your family.

The Real Cost of Caring

Dealing with the financial stressors of caring for an aging loved one can affect your ability to provide them with the care and compassion they need. It can also put the security of your financial future at risk.

To mitigate these concerns, consider these useful tips to help you make informed decisions about how to protect your future retirement plans while caring for your senior loved one.

Don’t Leave Your Job

Many adult children end up putting their professional lives on hold to become a primary caregiver for their elderly parents. Financial experts advise against this because of the sudden loss of income and valuable benefits. Consider caregiving options that support your ability to maintain your earning potential.

Create a Budget

Review the actual costs of being a primary caregiver before making any drastic changes like leaving your job. Also, consider whether your loved one’s assets can be utilized to cover some of the costs involved in providing care inside or outside the home.

Look for Benefits Elsewhere

Free or low-cost benefits that can help cover some of the costs of caregiving, such as home health aides, are often available to seniors. Similarly, review the limitations of public benefit options such as Medicare and Medicaid.

Consider Relocating Your Parent

It is common for seniors to prioritize remaining in their own home while they age. Although understandable, this can be a very expensive and often unrealistic option. If opening your home to your loved one is an option, it can be far less expensive.

Seek Professional Help

Geriatric care managers can help you establish a caregiving plan that meets your needs and assist you in identifying resources to save time and money.

Protect Your Parent from Scams

Financial elder abuse is on the rise, so make sure your loved one’s finances are protected. Telephone, postal mail, and internet fraud is common and can be easily avoided when a close relative or friend is keeping tabs on the accounts of a senior loved one. Consider talking with your parents about stepping down as Trustee of their trusts and letting you step in now to monitor their finances, and if they do not have a Trust holding title to their accounts, meet with us now to look at whether it makes sense to set that up for them (and for you).

Discuss the Future

Now is an opportune time to review your loved one’s wishes for his or her estate and consider your own financial goals and how helping to care for a loved one might affect them.

Caring for a loved one can take a toll, both financially and emotionally. If you are ready to create a financial plan for caregiving, start by sitting down with a licensed Estate Attorney. An Estate Attorney can help you plan for changes in life at every stage. Our Family Wealth & Legacy Planning Session guides you to protect and preserve what matters most. Before the session, we’ll send you a Family Wealth & Legacy Inventory and Assessment to complete that will get you thinking about what you own, what’s most important to you, and what you can do to ensure your family is taken care of.

 This article is a service of Gratia P. Schoemakers, Estate and Business Attorney. We don’t just draft documents; we ensure you make informed and empowered decisions about life and death, for yourself and the people you love.  That’s why we offer a Family Wealth & Legacy Planning Session, during which you will get more financially organized than you’ve ever been before, and make all the best choices for the people you love. You can begin by calling our office today at 832.408.0505 to schedule a Family Wealth & Legacy Planning Session and find out how to better protect your family.

Planning to Protect Your Assets

Asset protection planning is an important step to take in safeguarding your hard-earned assets from being lost, inadvertently, because you overlooked something important.

 The most foundational level of asset protection is to plan for what will happen to your assets in the event of your incapacity or death because you are 100% guaranteed to have one or both of those happen to you.

If you become incapacitated or die without proper planning in place, your assets will get stuck in the court system, and could be delayed in getting to your loved ones’ or even lost. If you have not reviewed your planning for death or incapacity in the past couple of years (or ever at all), you will want to call us for a Family Wealth & Legacy Planning Session as soon as possible.

And, what about planning to protect assets from things that could happen during life, such as potential litigation, taking on too many debts, accidents or other mishaps?

First and foremost, buy insurance! Insurance can do two things an asset protection plan can’t: pay to defend you in the event a lawsuit is brought against you and pay to settle any lawsuits. Bottom line: insurance says I love you. And, if you need it, you’ll be glad you have it.

As part of your Family Wealth & Legacy Planning Session, we will look at the types and amounts of insurance you have, and determine what else may be needed, or if you are even over-insured.

If you have a business, make sure you’ve fully separated personal and business assets. And that you are using your business entity properly, to ensure that any business activities are kept within your business entity, and that you have us review any personal guarantees before you sign something that could create personal liability for you.

If you need more thorough asset protection, due to an upcoming marriage, or engaging in other risky behavior, please contact us sooner rather than later.

Asset protection cannot happen after something happens. It must be set up ahead of time to be effective, and so it must happen now, if you want to get set up right.

Protecting your assets takes know-how. If you’re ready to develop a smart asset protection plan, consider sitting down with a licensed Estate Attorney. As your Estate Planning attorney, we can help you with your asset protection planning needs. Our Family Wealth & Legacy Planning Session guides you to protect and preserve what matters most. Before the session, we’ll send you a Family Wealth & Legacy Inventory and Assessment to complete that will get you thinking about what you own, what’s most important to you, and what you can do to ensure your family is taken care of.

This article is a service of Gratia P. Schoemakers, Estate and Business Attorney. We don’t just draft documents; we ensure you make informed and empowered decisions about life and death, for yourself and the people you love.  That’s why we offer a Family Wealth & Legacy Planning Session, during which you will get more financially organized than you’ve ever been before, and make all the best choices for the people you love. You can begin by calling our office today at 832.408.0505 to schedule a Family Wealth & Legacy Planning Session and find out how to better protect your family.

Divorcing? Here’s What You Should Know About How it May Affect Your Trust

Trusts vary in their structure, funding, and terms, so it’s hard to know how divorce will impact your trust without review. It’s safe to say, without question, your trust (and really your entire estate plan) should be reviewed during your divorce to prevent unforeseen negative outcomes.

The impact of a divorce on your trust can depend on:

The Trust’s Structure

Trusts frequently name the spouse as a trustee and beneficiary. In divorce, clarify your wishes in regards to these provisions. Even if you want to keep each other in your financial plans going forward, the trust should be amended appropriately after your divorce is complete, so your intention is clear.

Whether It’s Revocable or Irrevocable

If it’s revocable, changing the terms of the trust is easy, but you may have to wait until after your divorce is final to do it due to “orders” that go into effect when you file for divorce that prevent you from moving assets. If your trust is irrevocable, it might be necessary to petition the court to change the trustees, and the trust assets themselves may or may not be part of the divorce judgment.

Your State’s Laws on Community Property

Divorcing parties sometimes attempt to shield assets in trusts to keep them out of the pockets of the soon to be ex. When done surreptitiously, this could significantly complicate the divorce. Even when the assets in a trust are separate property, the income from the trust might still be considered for child support and alimony purposes.

Trusts can be affected by divorce, so you should take steps to protect your trust and your intentions. If you are ready to take that step, meet with us for guidance.

As your Estate Attorney we can help you navigate your divorce so your assets, including those held in trusts, remain under your direction and control.  Our Family Wealth & Legacy Planning Session guides you to protect and preserve what matters most. Before the session, we’ll send you a Family Wealth & Legacy Inventory and Assessment to complete that will get you thinking about what you own, what’s most important to you, and what you can do to ensure your family is taken care of.

This article is a service of Gratia P. Schoemakers, Estate and Business Attorney. We don’t just draft documents, we ensure you make informed and empowered decisions about life and death, for yourself and the people you love.  That’s why we offer a Family Wealth & Legacy Planning Session, during which you will get more financially organized than you’ve ever been before, and make all the best choices for the people you love. You can begin by calling our office today at 832.408.0505 to schedule a Family Wealth Planning Session and find out how to better protect your family.

How to Buy Life Insurance Like a Pro

Life insurance is a purchase only made once or twice in a lifetime, so it is common to be unaware of the ins and outs of policy protection. The potential pitfalls are significant, however, so review the following tips before purchasing a life insurance policy.

Get the Right Type and Amounts

Life insurance policies are generally sold by highly commissioned sales people or by order takers. In either case, you need to be sure you are in the know, before you buy, lest you get sold a policy or amount you don’t need, or you overlook the types and amounts that are right for you. We can help you make objective decisions about your insurance needs, with no commissions payable to us, so you know you’re getting our 100% on your side analysis.

Don’t Name a Minor as a Beneficiary

If you’ve named a minor child as a beneficiary, or even a secondary beneficiary, after your spouse, you could be creating double trouble. First, your life insurance would have to go through a court process and subject to the control of a financial guardian, and then second, whatever is left would be distributed to your minor child when he or she turns 18.

You can easily avoid this by naming a trust as beneficiary of your life insurance, thereby keeping your life insurance out of court and ensuring your child doesn’t receive control until he or she is ready. Plus, then you get to decide who takes care of the life insurance money you are leaving behind, until it’s distributed to your child. And, you can even build in protection against your child’s future divorce, or any creditor issues.

Term Insurance to Fund Divorce Settlements

If you receive child support and alimony, insist that your spouse have a  term life insurance policy to guarantee you are able to collect on your settlement, even if your ex-spouse dies while still paying out your divorce settlement.

Compare Quotes for Whole and Term

Experts suggest most people only need life insurance to cover their working years and while they raise a family. Term life insurance is typically affordable and covers you when you need it most. Permanent insurance is best when you know you will have estate taxes to cover OR if you want to use insurance as an investment vehicle with guaranteed returns, but often big commissions to make up in the early years of the policy. One of the services we provide to our member clients is to review all insurance policies, both in place and those being considered, to provide objective evaluation before you buy.

Don’t Overlook Living Benefits

A living benefits rider could allow you to access funds if you were diagnosed as terminally ill or with a chronic and debilitating condition.

If you are ready to purchase a life insurance policy that works for you, start by sitting down with an  Estate Attorney. As your Estate Attorney, we can walk you step by step through creating a financial plan that will help you provide for your family no matter what. At GP Schoemakers, PLLC, we offer Family Wealth & Legacy Planning Sessions that help you protect and preserve your wealth for future generations. Before the session, we’ll send you a Family Wealth & Legacy Inventory and Assessment to complete that will get you thinking about what you own, what matters most to you, and what your wishes are when you die.

This article is a service of Gratia P. Schoemakers, Estate and Business Attorney. We don’t just draft documents, we ensure you make informed and empowered decisions about life and death, for yourself and the people you love.  That’s why we offer a Family Wealth & Legacy Planning Session, during which you will get more financially organized than you’ve ever been before, and make all the best choices for the people you love. You can begin by calling our office today at 832.408.0505 to schedule a Family Wealth Planning Session and find out how to better protect your family.

Bitcoin, Ethereum, and the Blockchain — What Happens When You Die?

Unless you’ve been living under a rock, you’ve probably heard about Bitcoin. But, you may not know what it is or how it affects your estate planning. Or, maybe you’ve got yourself some Bitcoin, but haven’t given thought to what would happen to your digital currency in the event of your death or incapacity.

So today’s article will dive in with some initial thoughts, and then we’ll get deeper in future articles.

There are now over 800 digital currencies available, though Bitcoin is the most well known.

And each one operates a bit differently, and with a different purpose.

What they all have in common is that they are digital currencies, in the form of “tokens” that you can now buy (or invest in) and in some cases use to exchange for goods and services.

For example, more and more providers of goods and services are accepting Bitcoin as a payment method, just as they would cash or credit.

And, even a few accepting the lesser known currency called Ripple (XRP).

But, as of this writing, there are no providers we’ve heard of accepting, for example, the lesser known cryptocurrency of ProCoin (PROC), a coin based on shopping rewards. But, the coin is tradeable on the open coin market, currently at $.12, though it’s been traded as high as $.38.

If you want to learn more about how these digital currencies work, please do let me know and I’ll write more about it in the future.

For today, I want to cover what you need to make sure you’ve got in place from a “what happens when you become incapacitated or die” perspective if you are holding digital currency.

Because if you have not planned for the transfer of your digital currency at the time of your incapacity or death, it could literally be lost to the ethers. And, if you invested in Bitcoin back in the day before it got popular, that could potentially be millions of dollars lost to your loved ones.

There are two things for you to consider if you are holding digital currency:

  1. That your loved one’s (or whoever you would want to have your currency) know about it; and
  2. That they know how to access it and cash it in or hold onto it.

If you are holding your currency in an exchange, such as coinbase, with 2-factor authentication, it could be very difficult for your loved one’s to access your currency. We are in process of setting up a digital account administration system for our clients and you can look forward to that in the coming months. Having that in place would allow the executor of your estate to handle all digital accounts, not just crypto accounts.

Until then, best practice is to transfer your cryptocurrency into a “paper wallet”, which is kind of ironic given that it’s a digital currency. And it basically involves storing codes offline that allow you to access your currency. Here’s the thing, if you lose those codes, or your loved ones can’t find them, it’s the same as all of your currency being gone.

You can read more about the different storage options for cryptocurrency here.

Bottom line: if you have cryptocurrency and you want your loved ones to have it after you are gone, you should probably call us so we can make sure it’s not lost upon your incapacity or death.

As a new technology, cryptocurrency can be a bit confusing, and not many lawyers are even thinking about this issue yet. But we are, so give us a call and let’s have a Family Wealth Planning Session during which we can help you to  protect and preserve what matters most. Before the session, we’ll send you a Family Wealth Inventory and Assessment to complete that will get you thinking about what you own, what’s most important to you, and what you can do to ensure your family is taken care of.

This article is a service of Gratia P. Schoemakers, Estate and Business Attorney. We don’t just draft documents, we ensure you make informed and empowered decisions about life and death, for yourself and the people you love.  That’s why we offer a Family Wealth & Legacy Planning Session, during which you will get more financially organized than you’ve ever been before, and make all the best choices for the people you love. You can begin by calling our office today at 832.408.0505 to schedule a Family Wealth Planning Session and find out how to better protect your family.

Why You Should Never Buy Your Will From Living Social or Groupon

Of the handful of major life events that require your serious consideration, few are as emotionally charged as how to leave your assets for loved ones at the time of your death. This often complex process is accomplished via testamentary documents such as wills and trusts, which have recently become available for purchase online as standard forms.

The assets you have acquired during your life and the ways that you own them are often far more complex than a standard legal document or online service can anticipate.  When you make that all important decision to create a will or put your assets into a trust, you need an experienced estate planning attorney to guide you so that your wishes for life and death can be carried out without risk of your family getting stuck in court or conflict, when it’s too late.

Your incapacity or death will be an emotional time for your family. During this time, they need guidance, not a set of documents, which may not have even been kept up to date or adequately cover after-acquired assets.

In certain cases such as being married multiple times, having minor children, or owning a small business, legal assistance is especially necessary.

There may also be a variety different tax or asset protection implications for your inheritors. The right lawyer can advise you on the best way to handle the different assets you own such as real estate, investments, a small business, or personal property.

Is a trust right for your situation? Is there a way to transfer an asset before you pass, so that it will be protected from claims, creditors or taxation? Groupon can’t help you with that.

You may save money initially if you have a simple, small estate with few assets by just using a form that you find online. However, if you become incapacitated before death, your family could get stuck with a long drawn out court process, as they attempt to get control of your financial assets. And, if your document is unclear, contestable, or wholly or partially invalid, it’s your family who will be paying the price down the road.

Speak with a licensed Estate Attorney to create an estate plan that protects you and your loved ones.

This article is a service of Gratia P. Schoemakers, Estate and Business Attorney. We don’t just draft documents; we ensure you make informed and empowered decisions about life and death, for yourself and the people you love.  That’s why we offer a Family Wealth & Legacy Planning Session, during which you will get more financially organized than you’ve ever been before, and make all the best choices for the people you love. You can begin by calling our office today at 832.408.0505 to schedule a Family Wealth Planning Session and find out how to better protect your family.

 

Tax Lessons to be Learned from Celebrity Estate Plans

A celebrity’s image and likeness can continue to produce considerable income after death. This type of intellectual property is considered part of your estate, and the IRS can tax its value. In the case of pop star Michael Jackson’s estate, that recently meant an IRS bill to the tune of $64.5 million, years after his death, which is about 40% of his likeness’ valuation of $161 million.

Michael Jackson’s estate planning fail could certainly have been avoided by using one of these estate-planning strategies that minimize the taxable value of a person’s image and likeness.

Charitable Bequests

Robin Williams made a charitable bequest of his image and likeness to a foundation. It was set up in his name, allowing his estate to get a charitable deduction against the estate tax.

Time Bans

Williams also established a 25-year time ban to prevent any future exploitation of his image. A time restriction lowers the value of a celebrity’s name and likeness because the value is typically lower at the end of the ban than at the date of death.

State of Residence

Some states don’t recognize inheritable postmortem rights to likeness. This means the estate can’t profit from it. Consider your state’s laws when estate planning so you can benefit from any available tax breaks.

Consult with Multiple Appraisers

Get one appraisal and have another appraiser act as a consultant to point out where there might be room to argue against the valuation.

Celebrity estate planning fails grace the cover of tabloids and news sites as soon as weeks after their deaths. Fortunately, they provide valuable estate planning lessons for the rest of us. While their fails may be more expensive, even a small fail can have a huge impact on your family’s future and well-being. Don’t leave your family holding the bag, especially an empty one.

Your family is worth the time for you to have a Family Wealth Planning Session with us so you can make empowered, informed choices for the people you love. As your Estate Attorney, we can walk you step by step through a process that will minimize your tax liability and keep your family out of court and out of conflict.

Our Family Wealth & Legacy Planning Session guides you to protect and preserve what matters most. Before the session, we’ll send you a Family Wealth & Legacy Inventory and Assessment to complete that will get you thinking about what you own, what’s most important to you, and what you can do to ensure your family is taken care of and you’ll leave the Session with absolute clarity about how to make the best choices for your life and death.

This article is a service of Gratia P. Schoemakers, Estate and Business Attorney. We don’t just draft documents, we ensure you make informed and empowered decisions about life and death, for yourself and the people you love.  That’s why we offer a Family Wealth & Legacy Planning Session, during which you will get more financially organized than you’ve ever been before, and make all the best choices for the people you love. You can begin by calling our office today at 832.408.0505 to schedule a Family Wealth Planning Session and find out how to better protect your family.

The Unexpected Costs of Caring for Elderly Parents In Your Home

Multi-generational households are becoming the new (or maybe it’s really old) in vogue way to handle the care of aging parents. And we’re all for it so long as you consider the implications and set your family up for success.

With Mom or Dad moving in, you can anticipate some extra expenses, not just financially, but possibly emotionally as well. But it’s hard to know what to expect, and you might face costs you didn’t see coming. Having an elderly parent move in with you is a major life event that requires financial and emotional preparation. Here are some unexpected costs of caring for elderly parents to get you thinking about what lies ahead, if you decide to move mom or dad into your home.

Remodeling

Many people don’t think about the modifications they might need to make to their home to welcome an elderly parent. If your parent is living with you long-term, you will want to make him or her comfortable, which might entail adding a new addition to your home, creating a private living space out of a shared area, making accommodations for single-level living if your parent cannot navigate the stairs, or adding mobility adaptations such as a walk-in bath or chair lifts.

Lost Work Productivity

Moving your elderly parent in, helping him or her get acquainted with the area, and checking out activities can all eat into your work week. Expect further loss of productivity if you have to take your parent to run errands, to medical appointments, or to therapy sessions. You can look into senior transportation services if you are unable to take time off from work, but remember to budget for the extra expense.

Home Help

In-home care can be a significant expense, but unless you are able to take time away from your busy day, your elderly parent might need it. Long-term care insurance will sometimes cover some or all of the costs, and you might be able to get assistance from certain programs through the VA or other community organizations.

Miscellaneous Household Expenses

The costs of simply having another household member can be unexpectedly high, especially if that member spends most of his or her day at home. You should expect such extra expenses as increased heat and electricity bills, special foods, and personal care products. Remember that elderly parents have special needs, and those needs can be expensive.

Medical Expenses

Even with insurance, your parent might have steep out of pocket costs for co-pays, prescriptions, mobility aids, supplements, vitamins, and other uninsured medical expenses. For certain conditions, these costs can quickly add up.

Long-Term Expenses

As your parent ages, his or her needs will change, too. These changing needs can result in unexpected long-term costs. When your parent’s retirement funds are exhausted or when they face deteriorating health, you might have to consider the staggering costs of long-term care in an assisted living facility or nursing home.

Therapy

Moving mom or dad into your home could bring up all of the unresolved emotional issues that have not yet been addressed within your family dynamic. This isn’t something to be afraid of, so long as you have the right support. On the contrary, it can be a great opportunity to heal inter-generational wounds that would otherwise get passed on to you and your children and their children.

Caring for an elderly parent can result in unexpected expenses and unexpected benefits, as well. Now that they have become dependent on you, you might also need to consider making changes to your insurance policies or revising your estate plan. If you are ready to take the step of officially becoming caregiver for mom or dad, meet with us for guidance.

As your Personal Family Lawyer®, we can help you prepare for the unexpected costs (and reap all the benefits) of caring for an elderly parent. We begin all planning with a Family Wealth Planning Session to get to know you, what’s important to you, and to support you to make the most informed, educated and empowered decisions possible for yourself and the people you love. Before the session, we’ll send you a Family Wealth Inventory and Assessment to complete that will get you thinking about what you own, what’s most important to you, and what you can do to ensure your entire family is taken care of.

 This article is a service of Gratia P. Schoemakers, Estate Attorney. We don’t just draft documents; we ensure you make informed and empowered decisions about life and death, for yourself and the people you love.  That’s why we offer a Family Wealth Planning Session™, during which you will get more financially organized than you’ve ever been before, and make all the best choices for the people you love. You can begin by calling our office today to schedule a Family Wealth Planning Session.

Facing Grief After the Death of a Loved One Can Be the Key to a Life of Health and Wholeness

If you have ever met someone who repeatedly sabotaged their life or seemed to have a hard time moving things forward, despite the best of intentions, it may be that they were dealing with unprocessed grief. Most people have never been taught to deal with grief and as a result are stuck dealing with confusing emotions, relationships that don’t work and lives that can feel like they just don’t work.

This relationship between facing grief and being able to move through it in a healthy way was discussed at length by Prince Harry in a recent podcast with Bryony Gordon of Mad World. In the interview, Prince Harry addressed his personal struggle with dealing with the loss of his mother, grief he spent 20 years denying.

Raised in the spotlight, in a culture where keeping up appearances and holding it together are paramount, Prince Harry struggled through early adulthood and didn’t know why. A few very public drunken escapades and the expectation that feelings were not to be discussed led Harry to a very dark place. Some blamed it on traumatic experiences he’d had while serving in Afghanistan, but deep down Harry knew that wasn’t the cause.

His rage grew and he had no outlet. Thankfully, he started talking – to family members and to a therapist. And things began to shift. He slowly realized that the public grieving he was forced to do as a child did not adequately release his intense emotions. He took up boxing to deal with his anger and started a non-profit organization to help others, passionate about spreading the word that grief should not be suppressed.

Prince Harry discovered that simple and honest conversation about death and grief were the key to healing. In doing so, he processed his feelings and moved on from the death of his mother in a healthy way. Now he enjoys helping others move through grief and other painful emotions by listening to their problems, a technique he says is sometimes all you need to face grief and gain clarity of mind about your feelings.

Clarity in the face of grief is important not only to keep moving forward in your life and process your emotions in a healthy way, but it’s also necessary to be able to make the important decisions often faced when someone dies – and often not considered until it’s too late. The unfortunate result is a tough transition when a loved one dies.

What we can learn from Prince Harry’s experience is that grief should never be ignored. Denial can contribute to self-destructive behavior and an avoidance of dealing with important issues, such as how a loved one’s wishes should be carried out.

To be proactive and reduce the strain on your family when you die, so that they can focus on moving through the grief instead of stuffing the feelings so they can deal with all of the “stuff” you’re leaving behind, create a comprehensive estate plan that makes it easy for the people you love. Doing so will allow your family to focus on processing their grief without having to worry about over-managing your estate.

If you are ready to take that step toward making things as easy as possible for the people you love in the event of your incapacity or death, start by sitting down with us. As your Personal Family Lawyer®, we can walk you through creating an estate plan that will protect what you value most. We always begin with a  Family Wealth Planning Session so you can get informed, educated and empowered to make the right choices for the people you love. . Before the session, we’ll send you a Family Wealth Inventory and Assessment to complete that will get you thinking about what you own, what matters most, and how your affairs should be handled when you die.

This article is a service of Gratia Schoemakers, Estate Attorney. We don’t just draft documents, we ensure you make informed and empowered decisions about life and death, for yourself and the people you love.  That’s why we offer a Family Wealth Planning Session™, during which you will get more financially organized than you’ve ever been before, and make all the best choices for the people you love. You can begin by calling our office today to schedule a Family Wealth Planning Session