Reib Law - May 2020

SHATTERPROOF NEWSLETTER

MAY 2020

WWW.REIBLAW.COM | 940.591.0600

While it’s easy to feel powerless right now, this is actually the time for you and your team to step up for your business. When there’s a lot out of your control, you have to focus on what you can control. You can still choose to get up every day and put your all into your business. You can still reach out to your clients and check in with them. Ask how you can help them through this time. Create a marketing plan for the next quarter. Put a plan in place that will safeguard your business and assets so that they don’t end up in the hands of the state.

WHY PLANNING NOW IS MORE IMPORTANT THAN EVER HOW TO PLAN IN THE FACE OF A PANDEMIC

Creating safety nets for your business and assets in times like these should be your priority.

Last month, I wrote about the uncertainties of life, how anything could happen at any moment. Sadly, these words feel even more relevant in light of the global health crisis. They also ring more true: Now more than ever, you need to ensure that you have a comprehensive estate plan in place. If your health fails, you don’t want to be stuck in a place where you are stressing about what will happen to your loved ones. Trust me. I’ve seen clients go through this — and their loved ones after our clients have passed — and it is not something you ever want to deal with. The necessity and value of an estate plan goes beyond assets and monetary value. A secure estate plan will designate your power of attorney, directives to physicians, and medical authorizations, necessary instructions that let loved ones know how you want to be cared for. These are not matters you want to be left up to interpretation or, worse yet, a government entity. If this seems overwhelming, we’re here for you. Contact us to schedule a family wealth planning session. We are available for secure teleconference appointments, where we will evaluate your specific circumstances and goals to determine the best option for you when it comes to an estate plan. Please don’t wait. Give us a call this month and remove this source of stress from your life. – Scott Reib

The last couple months have been unprecedented, to say the least. We’ve all been faced with disruptions in our daily lives that have forced us to adapt and reassess how we conduct business. At REIBLAW, our top priority has been staying connected with our clients. We quickly shifted gears and assessed how we could be there for our clients and provide something of value to them. We put together materials and resources that could help other business owners cope with the changes caused by COVID-19. Now more than ever, it’s important to build relationships and stay connected with people. I set out to do this in March, starting by creating a members-only Facebook page for all of my Access clients. It’s given me a way to communicate more quickly with them. It was actually something I’d wanted to do for a while, but I hadn’t gotten around to it — nothing like a pandemic to spur you into action.

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