I've been putting this off for too long and figured I could get some good answers here.
I am in my late 30’s and wife is a few yrs older. We have 1 child who is 8. I have planned out our road to early retirement which I am shooting for 50, while also saving for college.
My concerns are the following…
*We have no wills. Not sure what should go in one.
*I don’t know who should be guardian of our child, should we pass suddenly.
*I don’t know if I need any estate planning now. Current net worth is under 500k.
*I helped father in law with retirement finances and healthcare. Should I look into getting financial power of attorney and the wife medical POT incase his health declines? He is doing ok now but has coronary heart disease.
*What about POT for my parents who are over 62 but in good health.
I am probably forgetting some things too.
What (types of)lawyers should I contact with these issues? If you need additional info or have questions, just ask.
Thanks.
JD
I am in my late 30’s and wife is a few yrs older. We have 1 child who is 8. I have planned out our road to early retirement which I am shooting for 50, while also saving for college.
My concerns are the following…
*We have no wills. Not sure what should go in one.
*I don’t know who should be guardian of our child, should we pass suddenly.
*I don’t know if I need any estate planning now. Current net worth is under 500k.
*I helped father in law with retirement finances and healthcare. Should I look into getting financial power of attorney and the wife medical POT incase his health declines? He is doing ok now but has coronary heart disease.
*What about POT for my parents who are over 62 but in good health.
I am probably forgetting some things too.
What (types of)lawyers should I contact with these issues? If you need additional info or have questions, just ask.
Thanks.
JD