Older adults understand that they can’t take their money with them but differ in when they would like to give it up. Most want to give some of it away while they’re still alive, presumably so that they can see the happiness it brings to their loved ones. The following statistics from an Age Wave/Merrill study provide more information:
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There is no right answer to this question save what your loved one would like to do. An estate planning lawyer in Winston-Salem can spell out your loved one’s options and help them decide how they wish to distribute their assets. If you aren’t sure where to find a Piedmont Triad estate planning attorney, we can help.