Estate Planning
Consider the life you’ve built.
The values you’ve embraced. The hours you’ve worked. The sacrifices you’ve made.
Now reflect on your net worth. It’s so much more than a number on a balance sheet – it’s the tangible evidence of a lifetime of hard work, goals met, and stewardship.
Ask yourself, “How can I ensure that my wealth is used for good after I’m gone?”
By doing careful estate planning.
Why is it important?
Being intentional about how you pass on your wealth provides at least three benefits:
- Gives you peace of mind now. – When your financial affairs are in order, you’re free to focus on living meaningfully in retirement instead of worrying about what might happen to your loved ones. You’ve worked hard to provide security – estate planning ensures that continues.
- Helps protect family relationships. – Clear planning removes guesswork and reduces conflict when emotions are high. It’s a final act of love, giving your family clarity during one of life’s most difficult seasons.
- Gives you a clear way to make sure your values and wishes are honored. – If you don’t have a plan, state laws will decide what happens to your wealth – and their plan may look nothing like yours. Estate planning lets you direct your resources toward the people and causes that matter most to you.
What estate planning includes
At minimum, it consists of…
A will
A will is the foundation of any estate plan. It outlines how you want your wealth distributed, and it names guardians for minor children. A will acts as your voice when you can no longer speak.
Power of attorney
This gives someone you trust the ability to make financial decisions if you can’t. You want to choose a person who understands your values and will carry them forward.
Healthcare directives
These documents (which typically include a medical power of attorney, a living will, and DNR orders) ensure your medical wishes are honored. They also spare your family from having to make heart-wrenching decisions in a crisis.
At Meriwether, we believe estate planning is much more than legal paperwork. It’s a way to demonstrate your love and care, protect family relationships, and carry your values forward.
For years, we’ve been guiding clients through estate planning decisions like these, connecting them with other, competent professionals to create an estate plan that fits the clients’ needs. We do this because we believe a wise retirement plan includes being intentional about your legacy.
If you don’t have an estate plan, schedule a meeting. Let’s begin the conversation.
Have you thought about when you should take social security? Read our article on social security here.
This content is for educational purposes only and should not be considered personalized financial advice. Please consult with a qualified financial professional to discuss your specific situation and needs.