People who serve in the military make significant sacrifices to keep us safe, and we’re all very grateful to them for doing so. They often spend significant time away from their families and are forced to live under harsh conditions. And of course they can oftentimes be placed in harm’s way, and it takes a lot of bravery to face the possibility of physical harm each and every day.
Given the circumstances, it is very important for military members to have an estate plan in place.
Estate planning is often viewed as something that only senior citizens must concern themselves with because you are more likely to pass away as you get older. However, younger adults serving in the armed forces are faced with risks that do not confront ordinary Americans. Clearly death and incapacity are more likely.
It is very important to make sure that your family is provided for regardless of what happens, and you may want to state your medical preferences by executing a living will if you are a service member.
People who serve in the military are well aware of the importance of careful planning as it applies to military strategy. As an individual, they also have to look ahead and protect the well-being of their families, and this is best done with the assistance of a northern Kentucky estate planning attorney who is sensitive to the needs of military service members.
- What You Need to Know about the Medicaid Look-Back Rule - January 3, 2023
- How to Pass Down Your Legacy in Your Estate Plan - October 3, 2022
- Practical Steps to Take after Receiving a Terminal Diagnosis - September 30, 2022