Why Every Family Needs an Estate Plan—Even If You’re Not Wealthy
Many people mistakenly believe estate planning is only for the wealthy. However, that couldn’t be further from the truth. If you own a home, have children, or care about what happens to your assets, you need a plan in place.
At Wood & Hanna Law, we help Indiana families create estate plans that protect their future—regardless of the size of their estate.
1. Estate Planning Goes Beyond Wealth
Estate planning isn’t just about passing on money. It also covers:
- Who will care for your children
- Who can make medical or financial decisions for you
- How to keep your estate out of lengthy probate
More importantly, it ensures your loved ones know exactly what you want.
2. Avoid Probate and Prevent Family Conflict
When you don’t leave a will or trust, the court decides how to distribute your estate. As a result, your family could face delays, expenses, and even disputes.
Fortunately, a well-structured estate plan can reduce court involvement and avoid unnecessary stress for your family. At Wood & Hanna Law, we help you make those critical decisions now, so your loved ones aren’t left guessing later.
3. Protect Your Family—Including Elderly Parents
Estate planning also plays a key role in elder care. If you or a parent may need long-term care, preparing early helps preserve assets and secure Medicaid eligibility. Without proper planning, families often spend more than necessary on care.
Our elder law attorneys understand these challenges and offer customized plans to protect your family’s financial future.
4. Life Changes—So Should Your Estate Plan
Major life events like marriage, divorce, or the birth of a child require updates to your estate plan. Otherwise, outdated documents may not reflect your current wishes.
That’s why we encourage clients to review their plan regularly. We stay with you through every chapter of life—making sure your plan evolves with your needs.
Start Protecting What Matters Most
Estate planning isn’t just for the wealthy. It’s for anyone who wants peace of mind, clarity, and protection for their loved ones.
Schedule a consultation with Wood & Hanna Law today and take the first step toward a secure future.
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