Estate Planning Is More Important Than Ever

In previous decades, if the average person did not do any estate planning, they were being unwise but not necessarily reckless.

Most of the possessions people had were physical. It was, therefore, very easy to keep track of physical property of any value. Even financial accounts had paper trails that were normally not too difficult to find.

Today, however, things are different.

A large share of important business is now conducted exclusively online. There might not be much of a paper trail for an estate executor to find, as the Times Standard recently discussed in “You and the Law: Planning for the expected unexpected.”

The problem is that if no one knows that a digital account exists and whether you own any digital property, then they might not even know to look for it.

Even if they had a vague notion that you have digital items of value, it would be difficult to even know where to look to find it.

Technology companies make it even more difficult, since they are loathe to provide any information about their customers, even after their customers are deceased.

Someone might know to check your email for any account information, but they would have a difficult time accessing that email.

To avoid these problems, estate planning is even more important than it was previously.

With an estate plan, you can make a list about what digital accounts you have and how to access them.

That does not solve all possible problems, but it is an important first step.

Reference: Times Standard (July 31, 2017) “You and the Law: Planning for the expected unexpected.”

Hear From Our Clients

“On the threshold of retirement, we finally decided to quit thinking we could self-prepare the requisite documents. We had previously had only a very simple will. We needed the necessary legal (including updated will) & health care docs but didn’t want to deal with the time & complication of legalese. Cindy made the process relatively painless. She took the time to explain and answer questions without trying to upsell services. We were done in 2 meetings plus the reading of emailed drafts. In addition to preparing the documents, Nelson Eldercare will be there when our adult children need advice on executing the plans we’ve put in place.So glad it’s behind us and would recommend Cindy and her helpful staff.”

- Bonnie

Cindy and her company treat their clients like family. Nelson’s offers clear, direct, and honest guidance in planning for your families security and future. No one wants to actively sit down and make these decisions, but Nelson’s makes this process seamless. I was so impressed with their willingness to answer all questions big or small. So glad I made the decision have them help my mom and dad and now me. You can’t go wrong with Nelson’s Elder Care Law.

- Hope

The very best elder law attorney and staff anyone could ever ask for! I have referred a number of clients to Cindy and she never disappoints. She is kind, caring, and extremely thorough in making sure everything is completed as it should be. I highly recommend Cindy for anyone needing lawyer services; she truly goes above and beyond for every client she helps and has had a huge impact in so many peoples’ lives. Thank you, Cindy and staff, for everything that you do- I’m so glad to know you!

- Kerri

I heard Cindy’s presentation at a Senior Luncheon at my church, and was very impressed. She helped my daughter and me understand many aspects of elder law. Josh has also been very helpful in my planning to enter an independent living situation . I have told many friends about them.

- Charlotte

Cindy and the Nelson Elder Care Law team are trustworthy and helpful. They are the experts in elder care law. At Leaf Cremation, we entrust our families to the care of the Nelson team when their services are needed.

- Pierce