Tip Tuesday: Having a Will is not the same thing as having a Plan

According to Merriam-Webster's dictionary, a "plan" is a method for achieving an end; a detailed formulation of a program of action; an orderly arrangement of parts of an overall design or objective.

If you only have a Will, you do not have a plan. You have a singular document.

A screwdriver isn't useful without a screw.

A hammer can't do much without a nail.

Similarly, a Will can be an effective tool, but not by itself. For example, a Will does not cover your incapacitation. A Will does not control every asset you own. A Will cannot protect your heirs from predators and creditors. A Will requires a probate rather than avoiding one.

If all you have is a Will, then unfortunately you still have a lot of exposure. If you want to do better, plan better, then give us a call at (919) 678-5761. We can help!

#DoBetter #PlanBetter #EstatePlanning #TipTuesday

#EstatePlanning101 #TipTuesday #LastWillandTestament

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