Financial Month Tip #3: Create a Will

04/10/15

Contributed by Katie Sack

Upon death, an estate plan legally protects and distributes property based on your wishes and the needs of your family and/or survivors with as little tax as possible.

A will is the most practical first step in estate planning; it makes clear how you want your property to be distributed after you die. It may help to get legal advice when writing a will, particularly when it comes to understanding all the rules of the estate disposition process in your state and regarding your own circumstances. 

As a covered employee under a Hartford Group Life insurance policy, you have access to EstateGuidance Will Services provided by ComPsych. It helps you create a simple, legally binding will quickly and conveniently online, saving you the time and expense of a private legal consultation.

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