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3 Tips for Vacation Planning and Your Estate Plan

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					                          3 Tips for Vacation Planning and Your Estate Plan

Tip 1: Make an Estate Plan
The average American probably spends a lot more time planning for a vacation than they do planning
their estate. If you haven't already done so, vacation planning can provide you a good reason to begin
your estate planning efforts. All you have to do is think about what might happen to you and your
family if an emergency should arise while you are on vacation. Will you be prepared? If you don't have
an estate plan, your lack of preparation may come back haunt to you.

Tip 2: Consider the Possibilities
Estate planning for vacations typically involves preparing medical directives and powers of attorney in
advance so that if something should happen you won't be caught off guard. For example, if you should
get into an accident and have to be hospitalized while you are on vacation, someone else may have to
manage your financial affairs. If you don't have a financial power of attorney, your family may have to
go to court and ask the judge to issue a court order to give them control over your finances. This can
be very costly and time-consuming.

Tip 3: Start Now
Travel experts say that you should plan for a vacation at least six weeks ahead. You will also want to
prepare well in advance for any estate planning issues. Don't simply wait until a day or two before you
leave to contact an estate planning attorney. Many estate planning issues take some time to
adequately address. It's always best to plan well ahead so you can feel confident in knowing a good
plan is in place.

Experienced estate planning attorneys Fayetteville AR of the Deborah Sexton Law Office PA offers
estate planning and business planning resources to residents of Fayetteville AR. To learn more about
these free resources, please visit http://www.arkansas-estateplanning.com today.

				
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