Estate planning Granholm & Gynac Joliet, IL

Estate planning tips for newlyweds

Are you planning to get married soon, or have you recently said: “I do?” Consider estate planning, as well. Here are some tips to make sure you have things in order before or shortly after you tie the knot.

Review your insurance policies. These include life insurance, automobile insurance, and homeowner’s insurance. It may make more sense to combine automobile insurance. And if neither spouse has life insurance, now would be an excellent time to purchase a policy.

Draw up wills. If you already have a will, redraft it to include your spouse.

Prepare power of attorney and health care directives in case of emergencies.

Designate beneficiaries for finances.

Change the titles on any pre-owned real estate if it will now be jointly owned.

If you need help with any of these, contact the estate planning attorneys at Granholm & Gynac in Joliet Illinois. They will be sure to help you.

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