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Discussing family estate family can feel awkward for some people – many of us simply do like talking about death in any way. However, family estate planning is a crucial part of planning for the future. Here at Alan Farley Insurance LLC we are happy to help families in Tulsa, OK and the surrounding areas learn more about life insurance and estate planning.
What Is Estate Planning?
Estate planning is a series of plans that you set in place and discuss with your family concerning how you want your finances, possessions, and final arrangements to be handled. This can include updating your family about your will, informing your family about your final arrangements, and even appointing someone legally who will be in charge of handling these items on your behalf once you pass.
Who Should Come to An Estate Planning Meeting?
It is entirely up to you who comes to the meeting, but you should definitely involve anyone who will be directly involved in carrying out any of your wishes. You might also want to invite anyone who is going to be directly affected by any of the choices you have made. Most people also have a lawyer present if they think there will be any legal confusion.
How Do I Start Estate Planning?
The first step in estate planning is to make sure you have a solid life insurance policy in place. Your life insurance is the foundation of your estate. This insurance policy will help make sure that your family is financially provided for after you pass.
Give Us A Call
If you would like to learn more about life insurance or estate planning, please get in touch with us at Alan Farley Insurance LLC serving Tulsa, OK and the surrounding areas.