Does Your Employer Offer Estate Planning as a Benefit?

  • Estate Planning
does your employer offer estate planning as a benefit? estate and probate legal group

Whether you are seeking new employment, or even if you’re happy where you are, working for a company that offers estate planning is most certainly a benefit. The Great Resignation is influencing big changes in the workplace, and more employees want benefits that enhance their personal, mental and financial wellness. But an estate plan is more than simply writing a will. An estate plan arranges all your finances and ensures your wishes will be carried out if you become incapacitated or pass away. 

Why Estate Planning Should Be an Employment Benefit

More companies are beginning to see the importance of offering estate planning services to their employees. Here are some reasons you should seek out these companies or push your current employer to start offering this benefit.

1. Helps to Organize Current Benefits
Many companies already offer health insurance, life insurance, retirement plans and other ways to support their employee’s financial security. Having an estate plan brings these all together and organizes them in a cohesive strategy for the employees.

2. A Business that Offers More

When you are qualified to work for several companies, you want to find one that stands out from the crowd. You want to work for a company that offers more benefits.

3. Cares About Employees

Working for a company that cares about its employees as an individual creates a productive work environment. When you work for someone that wants the best for you, you will do your best for them. It’s nice to be known as an individual and not just another employee number.

Having one place to keep your assets and finances organized is a benefit that many people would appreciate.

Work With An Experienced Estate Planning Attorney

Your HR person may be able to put you in touch with, and pay for, an experienced estate planning attorney. Having someone who will listen to you and customize your last will and testament, your retirement accounts, and insurance policies is a benefit that no one should be without. 

It can be hard to remember who you named as a beneficiary in your life insurance, your checking accounts and others. Who will take care of you and your bills if you become incapacitated? What happens to your retirement benefits when you die, and what are the tax laws on inherited IRAs that my beneficiaries need to know? 

An estate planning attorney can help you with all of these concerns.

DuPage County Estate Planning Attorney

An experienced estate planning lawyer can advise you on the best options to meet your specific needs and help you create legal instructions. To talk to a qualified attorney in Chicago or Lombard, contact the Estate & Probate Legal Group at 630-864-5835. 

We serve Cook, DuPage, Kane, Lake and Will counties.