From establishing a power of attorney to selecting heirs, estate planning is an important process that must not be neglected. However, many young people put off the creation of wills and other documents under the assumption that these tasks can be undertaken later in life. Fortunately, Lance S. Cox Attorney at Law knows just how important estate planning is to Cincinnati, OH, families. That’s why this firm encourages the timely creation of estate plans, no matter the age or the number of assets in question.

30 plus years spent serving local clients has imbued attorney Cox with the sort of keen legal insight that's essential to achieve optimum results. This is especially true when it comes to the creation of estate plans, which can be highly complex procedures that call for the utmost in accuracy. 

The following are just a few reasons why even young people should have an eye on creating a plan to protect against the unthinkable:

• Risk Protection: Creating an estate plan is much like implementing an insurance policy. While many young adults wouldn’t think to forgo things like home or health insurance, they might be reluctant to create a will or trust. However, these documents can offer a great deal of risk protection to both you and your family in the event of your untimely death.
• Probate Mitigation: Probate can be a tricky process, particularly without an estate plan in place. In this case, a trusted friend or relative must come forward to undertake all the essential procedures related to probate, from settling your debts to valuing the items contained within your estate.

• Future Childcare: Perhaps the most important aspect of estate planning has to do with the future care of your children. This is especially important for single parents, who should outline their specific wishes regarding who should receive custody of their children in the event of their death. 

Contact Lance S. Cox for assistance in creating a sound estate plan, in addition to help with a number of other essential legal matters. Arrange your consultation today by calling (513) 528-6000 or visit the website to learn more about the difference quality legal representation can make for you and your family.