More than half of Americans, an estimated 56%, do not have an estate plan in place, making estate planning a critically overlooked component of financial wellness. This creates hardship, financial or otherwise, that can be diminished by advanced planning.

National Estate Planning Awareness Week was adopted on September 27, 2008 to help consumers understand estate planning and its need, along with how best to create a qualified team of professionals to assist in the planning process.

Estate planning encompasses the growth, conservation, and transfer of an individual’s wealth through the creation and maintenance of an “estate plan.” Estate planning is a process, not a one-time event. Change in family circumstances (marital, health, economic, etc.) and changes in the law often require revisions to your planning documents. The purpose of estate planning is to develop a strategy that will maintain the financial security of individuals through their lifetime and ensure the intended transfer of their property and assets at death, while taking into consideration the unique circumstances of the family and the potential costs of different methods. A properly-created team of professionals may include, but is not limited to, the attorney, accountant, trust officer, and credentialed insurance financial planners, all working together for the benefit of their client.

If you would like to discuss estate planning or have additional questions, Crandall Law Group is happy to discuss them with you. We offer complimentary estate planning consultations to potential clients throughout the area. Our attorneys are licensed in Idaho, Washington and California. For additional information contact us at 208-772-7111 or info@CrandallLawGroup.com

Hours: Monday - Thursday 8:30 a.m. to 5:00 p.m.

Friday 8:30 a.m. to 12:00 p.m.

Copyright 2021 Crandall Law Group

Disclaimer: The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for advice regarding your individual situation. We invite you to contact us and welcome your calls, letters and electronic mail. Contacting us does not create an attorney-client relationship. Please do not send any confidential information to us until such time as an attorney-client relationship has been established.