The new year is here and it’s time to start making those New Year’s resolutions. And while you may be thinking about joining a new gym, signing up for cooking classes, or booking your dream vacation, consider adding some legal resolutions to your list as well. Though they might not seem as interesting or exciting, getting your legal affairs in order will give you priceless peace of mind and set you up for your best years yet.
What legal resolutions should be on your list? Here’s are a few ideas.
1. Locate your important documents.
This includes things like your trust, will, medical and financial powers of attorney, medical records, deeds, birth certificates, and passports. Make sure they are in a safe location and let a trusted friend or family member know where you are storing them, in case they need to be accessed.
2. Create (or update) your estate plan.
If you already have a will or trust, the new year can be a perfect time to update it. Experts say you should review your estate plan every three to five years, or sooner if you’ve had a major life change, like marriage, divorce, new children, or moving to a new home. Trust updates don’t have to be complex or lengthy, and they can ensure that your legal documents are protecting you as well as they should.
Be sure to review the beneficiaries you’ve named in your will or trust, as well as the ones you’ve named on insurance policies and retirement accounts. You may also want to have a discussion with your family about your potential caregiving needs and end-of-life wishes.
3. Meet with a lawyer about that important legal issue.
Do you have a legal question that you’ve been thinking about for a while? Maybe you’re getting married and wondering about a prenup. Or considering bringing on a partner in your business and wondering about the possible outcomes. Perhaps your elderly parent is getting taken advantage of, and you’re wondering what your rights are. Most people have some legal problem they’re concerned about, ranging from a quick question to a complex legal matter. Whatever it is, Michaelson Law is here to help. 2023 is the year to pick up the phone and get the legal advice you need. Call our office at (702) 731-2333.
Michaelson Law Can Help You Tackle Your Legal Resolutions
If you’re not already a client, consider reaching out to our team at Michaelson Law and taking the first step towards legal peace of mind in 2023. Michaelson Law has been a pillar of legal excellence in the southern Nevada community for over 30 years. Our attorneys have expertise in a variety of matters including estate planning, business law, guardianship, elder law, probate, and litigation. Call Michaelson Law today and set your legal New Year’s resolutions in motion!