Required

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
tes-prev
tes-next

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

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

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

Josh Nelson, and his staff, have been amazingly helpful to our family. The ins and outs of nursing homes, the rules and regulations that govern Medicare and Medicaid are daunting and the folks at Nelson Elder Care Law have been informative, responsive, and above all, empathetic. I cannot emphasize enough how their service has taken a weight off of our shoulders especially during a world pandemic that has targeted nursing homes across our country. I highly recommend retaining Josh and his firm!

- Marcia

I had a simple legal question to them that I needed answered and they very helpful in giving me the information I needed. I highly recommend them and will reach out to them if I need more advice or assistance. Thank you for taking your time to just answer a couple of questions I had!

- Ben