Reib Law - October 2020

WHY YOU SHOULD ALWAYS UPDATE YOUR ESTATE PLAN

YOUR FAMILY’S PEACE OF MIND IS PRICELESS

elements, as easy as possible for your family. That’s why you should always update your estate plan whenever necessary.

Many people assume that after they pass away, their family will be able to come together and discern the best way to carry out final wishes. However, this is rarely the case. When people are grieving, it’s much harder to think straight and agree on the best way to act on any vague or outdated final wishes. That’s why one of the most loving things you can do for your family before you pass away is ensure that your estate plan is up to date and has clear instructions for your executors and beneficiaries. Even if your estate plan doesn’t contain millions of dollars worth of assets, it’s still worth the time and effort to keep it up to date, if only because you know that by doing so, it will bring your family peace of mind while they grieve. Whatever the value of your estate, the peace of mind and security an up to date estate plan provides is priceless to those you leave behind. Visit

While in the past estate planning may have been a tool used by the rich to preserve generational wealth, that is simply not the case anymore. The latest sign of this came at the beginning of 2020, as new tax regulations made all estates worth less than $11.58 million for individuals ($23.16 million for couples) exempt from the estate planning tax. With most people’s estates not being worth enough to qualify for the estate planning tax, the hurdles for estate planning are now less financially oriented and more human oriented instead. The focus is now on ensuring that your plan will make the distribution of assets, change of guardianship, and other

us at REIBLAW.com/nlfree today to set up a review.

SPOOKY STRAWBERRY GHOSTS

We want your feedback! In editions of this newsletter, we’ve covered everything from business contracts to how to handle the former spouse who wound up with everything because there was no business succession plan in place. But now we’re wondering: What would you like to see? You know those legal questions that Google can’t give you a satisfactory answer to? The ones that keep you up at night as you wonder whether it’s time to call a lawyer? We want to answer those. Send us your questions, and we’ll use them to address the topics you want to know more about. Text your questions and curiosities to 972.677.3002 .

Inspired by Candiquik.com

INGREDIENTS

• 16 oz white chocolate, chopped

• 24 strawberries

• 1 package mini dark chocolate chips

DIRECTIONS

1. In a microwave-safe bowl, heat the white chocolate at 50% power for 30 seconds. Remove it and stir, then repeat the process until melted.

2. Lay out a sheet of parchment paper.

3. One by one, dip the strawberries into the melted white chocolate and set them on the parchment. Allow the extra chocolate to pool to form a “tail” effect. 4. Before the chocolate coating fully cools, add three mini chocolate chips to each berry to form two eyes and a mouth.

5. Let chocolate set, then serve your spooky snacks!

| 3 940.591.0600

Made with FlippingBook Proposal Creator