The Important Part of Estate Planning that Most People Miss

When people hear the term estate planning, they usually assume that it only applies to high net-worth individuals. In reality, it’s something that anyone with tangible assets should consider. We unfortunately see many cases where people have not planned ahead and leave their “estate” in shambles when they pass away suddenly. While it might seem like a daunting task at first, the experienced team at JTS Associates can provide easy to understand guidance and answer any questions you may have.

Below is a handy checklist of items to consider

• Do you have an updated will or trust in place?
• Is it clearly spelled out how your assets should be distributed?
• Do you have a spouse, children or others who rely on you for support?
• Are there any existing debts that would need to be cleared before your remaining assets are distributed?
• Are you listed as a co-title holder on any bank account or other assets?
• If you are a business owner, is there a clear plan in place to settle any debts you may owe?

If there is one thing that is important to us, it’s empowering our clients with personalized solutions. Our customer first approach ensures that when you need support, you get it from the JTS Associates team. We’re proud that each member of the team is constantly looking ahead, staying up on new rules and regulations and are always available when you need them. Give us a call at (516)877-5900 to schedule a consultation to get your affairs in order and gain a peace of mind.