YOU’RE NEVER TOO YOUNG FOR AN ESTATE PLAN Tips for Millennials
If you’re in your 20s or maybe even your 30s, it’s possible that you haven’t even given estate planning a second thought. When you make plans for the future, you may be looking at potential job opportunities or making education decisions for your child. You probably aren’t looking at what happens after you pass away or become incapacitated. But you should! It’s never too early to get your estate plan in order. One of the strongest reasons a younger person should get an estate plan is so they can name a power of attorney and a health care proxy. If you become incapacitated, you want someone there to be able to make decisions on your behalf. In order for a doctor to communicate with your parents or anyone else about your medical condition after you become incapacitated, they have to be named as an agent in your
health care proxy. Similarly, you need to grant someone power of attorney so they can access your accounts to pay bills while you’re incapacitated. Additionally, you also need to decide what happens to all of your assets. Without a will, your assets are subject to New Jersey’s intestate laws, which decide who receives your assets and how they are distributed. If you want to make sure that certain assets go to certain people, you’ll need a will. This is especially important if you have children, since you name who you want to be guardian for them in your will. Another important reason to get an estate plan in place is so you can name your beneficiaries for your life insurance policy, retirement account, 401(k), and more. If you don’t have a beneficiary named when you pass away, the money from these accounts
and policies will flow through your estate and will need to be handled by a personal representative. Naming the beneficiaries ensures that each asset goes directly to the person you want to receive it. It is never too early to put together an estate plan, and it’s an important thing for adults of any age to have. If you don’t have an estate plan in place or need to update yours, give our office a call today.
Inspired by LiveEatLearn.com Healthier, Lighter Deviled Eggs
Van Dyck Education Center’s Upcoming Events The Alzheimer’s Disease and Dementia Care Seminar will be held May 17 from 8-5 p.m . Breakfast and lunch will be provided. This event is open to healthcare professionals only. COMMUNITY EDUCATIONTOPICS (OPENTOTHE PUBLIC) April 13, 10 a.m.: Innate Emotions — Creating Moments of Joy for those with a Dementia Diagnosis
Hard-boiled eggs are essential for Easter, so why not transform them into a healthy appetizer?
INGREDIENTS • 6 large eggs • 3 tbsp Greek yogurt • 1 tsp Dijon mustard
• 1 tsp lemon juice • Optional: Hot sauce, to taste • Optional: Paprika and chives, chopped, for garnish
DIRECTIONS 1. In a large pot, add eggs and cover with water. Put on high heat, and then boil eggs for 10 minutes. 2. Once boiled, peel eggs by gently tapping and removing the shell. (Adding the eggs to an ice bath after boiling can make this task easier.) 3. Cut eggs lengthwise and place yolks into a medium mixing bowl. Set egg white halves open side up on a plate. 4. In a bowl, combine yolks, yogurt, mustard, lemon juice, and hot sauce (if desired) until smooth. 5. Transfer the yolk mixture into the egg white halves. Garnish with paprika and chives if desired.
May 11, 10 a.m.: Surrounding Yourself with the Appropriate Resources with a Dementia Diagnosis
June 8, 10 a.m.: Montessori-Style Dementia Method
For a deeper summary of these events, see Page 2 of this newsletter!
Please register by calling 609-580-1044.
For more information, emailsheli@vandyckfirm.com.
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