Life Happens. Are Your Accounts Ready?
When was the last time you gave your finances a quick check-up?
Life is full of milestones and unexpected moments. Whether you’re buying a home, getting married, welcoming a child, or planning for retirement, keeping your financial accounts and important documents up to date can help protect the people who matter most.
One important step that often gets overlooked is estate planning.
Through our partnership with LMCU Rewards, members have access to Trust & Will, a secure, affordable, and convenient way to create an estate plan online. And estate planning isn’t just for retirees or those with significant wealth. Every adult can benefit from having a plan in place.
What’s the Difference Between a Will and a Trust?
While both help ensure your wishes are carried out, they serve different purposes:
A Will
- Outlines how your assets should be distributed after your death.
- Allows parents to name guardians for minor children.
- Provides clear instructions for your loved ones.
A Trust
- Can manage assets during your lifetime and after your death.
- May help avoid probate for certain assets.
- Offers added privacy and flexibility when managing your estate.
How Does It Work?
Getting started is simple:
- Choose the estate plan that’s right for you.
- Answer a few easy questions online.
- Download your personalized documents.
- Sign and notarize at your convenience.
When Should You Create or Update a Will or Trust?
A good rule of thumb: whenever life changes, it’s time to review your plan.
Consider creating or updating your documents if you:
- Get married or divorced.
- Welcome a child or grandchild.
- Buy a home or other major asset.
- Start a business.
- Experience a significant change in income or savings.
- Retire.
- Want to ensure your loved ones know your wishes.
The best time to create an estate plan isn’t later. It’s before you need one. Having a plan in place can provide peace of mind today while helping make things easier for your loved ones tomorrow.
Member Benefit
To support your estate planning needs, Limestone FCU has partnered with LMCU Rewards to offer Trust & Will, the leading online estate planning platform. Trust & Will has helped more than half a million families create plans to protect what matters most.
As a valued member, you’re eligible to receive 20% off any Trust & Will estate plan.
Have questions? Stop by any branch, give us a call, or send us a text at 906-341-5866. Our team is happy to help you get started.
