“You’re NOT the boss of me!!”

We all have control issues. When my son was 2-years-old we experienced our share of yelling, “NO!!” and throwing full tantrums on the floor. Toddlers are just beginning to understand how they can exert control on the world around them, which makes for an interesting family life for a while. But if you think about it, we all like to be in control – AT ANY AGE. And when someone tries to tell us what to do or tries to take away our freedom, many of us still pitch fits. (Even if we no longer throw ourselves to the ground!)

The same is true for seniors who have spent decades making their own decisions and living their own life, then suddenly loss of control seems to be everywhere – loss of health, loss of strength, loss of peers, loss of home, loss of self. The constant feeling of loss can really take its toll.

STAY IN CONTROL

One of the biggest concerns we hear about from clients is staying in control. Not coincidentally, staying in control is one of the main goals we strive for when designing an estate plan. I know you want to stay in control, so our first planning steps are aimed at keeping you in control. Tools like Powers of Attorney, Wills, Revocable Living Trusts – they all help keep you in control. Using tools like these will help you get to spend the money, invest the money, give away the money, donate the money or whatever you want to do with the money – just like you did before your estate plan. Many times, these tools can actually help you stay in control LONGER than you would without them.

4 Things to Remember About Control
  1. You can do a lot of good planning without giving up ANY control now.
  2. Even when you have to give up some control, it may be less than you think.
  3. Depending on your goals, you may have to give up a little control. Are you willing to give up some control if that’s what it takes to meet your goals?
  4. Control issues don’t stop at your death. Instead, it becomes which of your kids are in control. Your planning (or lack of planning) will either add to or lessen the potential conflict once you’re gone.

By “staying in control” and not doing any planning, you may actually be undermining your desire to stay in control. Our unique process thoroughly examines all the unique aspects of your situation to determine what steps will best protect you, your family and everything you’ve worked so hard for.

To learn more about how to get started planning, and how our process works, we encourage you to check out our introductory workshop, “Wills & Trusts: How to Get Started.” Upcoming dates are in the upper right of the sidebar or here.