Estate Planning Life Stages
Where are you in your families Estate planning Life Stages?
Estate Planning is best when it is modular, allowing you to migrate to different module as you and your family change. Every Estate Plan starts somewhere, but where should you start? Start your estate plan based on the stage of life you are in and the type of family that you have.
Most of us will go through five different stages in our lifetime they are:
- BC – Before Children
- CD – Children Directed
- AC – Adult Children
- Gy – Golden Years
- RY – Restful Years
And there are five types of families:
- Traditional Nuclear Family
- Blended Family
- Explosive Family
- Senior Combined
- Single and Non-Traditional