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Dentist in New Braunfels: 3 Ways to Protect what is Yours.

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There is more ways to protect what you have earn with your hard work and sacrifice. But this are the Top 3 Basics ones that can help you, if you do not where or how to start.

#1 Create a will.

If you have minor children, it's critical that your will designate a guardian for them. If you don't specify who is best suited to look after your children if both you and your spouse die prematurely, the state will. If you have children from a previous marriage, this may not be the result you intended.


#2 Name beneficiaries on financial accounts.

Designating a beneficiary for investment accounts - and insurance policies - can be as important as writing a will. These decisions are critical but not complex. In many instances, having beneficiaries designated on an account allows the account to pass outside probate, enabling your beneficiaries to avoid the time and expense of the probate process.


#3 Keep everything up to date.

Even the best plan isn't effective if it doesn't keep pace with your life. Consider setting aside a special time each year - around tax time, for example - to review not only your paperwork but any life events that have occurred. Moving, having children or grandchildren, or losing a loved one can have a big impact on your plan overall.


Bonus…. Ask for help.

It's important to know the difference between what you can do on your own and when you need professional help in preparing for the unexpected.