Varnum (Michigan): Estate Planning in a Low Interest Rate Environment

As the crisis surrounding COVID-19 continues, most people have focused their attention on immediate critical issues, including concerns about health and safety for themselves and their loved ones, employment and their overall financial situation. Although estate planning might follow those items in a list of priorities for most people, the current situation presents planning considerations that may not be immediately apparent. A more present sense of one’s own mortality may drive those who have not made plans before to begin the process of creating an estate plan. For those who have existing plans, are they up to date? And, how does the changing economic environment affect prior decisions? MORE.

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