Estate Planning doesn’t have to be intimidating
- April 17, 2020
If you’re like me, you’re not navigating this pandemic alone. I’m a mom of two young children and now more than ever, I’m conscious that they are looking to me for guidance, stability, and reassurance that everything is going to be ok. Unfortunately, as an asthmatic, I fall into the high-risk category with COVID-19. My family and I are taking every precaution by staying at home, disinfecting anything and everything, and taking it one day at a time.
While it may be difficult to talk about it, my husband and I are also taking the opportunity to ensure our estate plans are in place. Should anything happen to either of us, we want to be sure that our wishes are clear and easy to follow.
For me, that includes providing not only for my family, but also the organizations that I care for deeply. I like to think that though small, my legacy will live on at a number of non-profits that helped to shape me: the college that provided me with a phenomenal education (and my husband!), the hospital that saved my daughter’s life, and a small biomedical research facility that gave a 18-year-old Maine girl the opportunity of a lifetime.
Taking the time to make my wishes known and reflect on what was most important to me was comforting. At a time that so much seems out of our control recording these wishes is something I can control. I hope that if my family ever needs to use those documents, it will be comforting to them as well. It struck me that it might be helpful for others who are grappling with the same issues too. We have a family lawyer who helped us, and you might too — but a quick google search would be a good starting place if you don’t already have a lawyer. Here are a few websites I found (please note, I haven’t used these sites and some of them have costs associated with their product or platform):
- FreeWill This no-cost service also allows you to draw up a new will gratis if your wishes or circumstances change.
- LegalZoom Services range from a $69 will to a $149 package that includes a living trust and related documents.
- Quicken WillMaker Plus 2019 This $80 software package can create a will and other estate-planning paperwork.
- Rocket Lawyer A membership giving you access to estate-planning documents is $40 per month.
Estate planning can and should be deeply personal, but it does not have to be intimidating. There are experts out there who can help, giving you peace of mind that your wishes are clearly laid out, should something happen.
In this unprecedented and uncertain time, MDI Biological Laboratory is here — if you have any questions, please don’t hesitate to ask. This is a challenging time for us all: we promise to always do what we can to help.
Please note that we are prohibited from giving legal or financial advice and none of the information above should be interpreted as such. We encourage you to consult with your own legal counsel or financial advisor. These links are being provided as a convenience and for informational purposes only; they do not constitute an endorsement or an approval by MDIBL of any of the products, services or opinions of the corporation or organization or individual. MDIBL bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links.
More From The Blog
Funding of up to $60,000 for one year (total costs) is available for scientifically meritorious projects. Pilot grant applications should focus on a one-year plan with experiments feasible for this time frame. Scientists and clinicians working at all Maine R&D organizations and education institutions are eligible to apply. Eligible investigators must hold an academic faculty...Continue Reading
The Science of Cocktails: Kombucha-rita Kombucha and fresh lime combine to make a delicious cocktail that is fizzy, tart and a tad sweet; read on to find out the health benefits of these two amazing ingredients. Made with a key ingredient nicknamed the “elixir of immortality,” this refreshing and effervescent cocktail could not be easier...Continue Reading