In only a few short weeks, COVID-19 has completely uprooted everyday life for millions of Americans, creating a variety of implications for businesses, governments, and families across the country.
At McKenzie Legal and Financial, we have decided to take it upon ourselves to remain committed to you, and your estate planning needs at this time, while still taking every precautionary step possible to protect you, your family, and our associates.
As COVID-19 continues to cause significant human and economic ramifications, we believe it is our duty to provide our clients with well-researched information so that each of our clients can make informed decisions during this global health crisis.
COVID-19 Background
As of March 31, 2020, the Centers for Disease Control and Prevention (CDC) declared that there are 163,539 confirmed cases of COVID-19 in the United States, resulting in 2,860 deaths. While the amount of new cases of COVID-19 has seen a slight decrease overseas, the U.S. continues to see an exponential increase in new cases as more tests are conducted nationwide.
As a result, the federal government has recommended that the practice of social distancing is to be extended through April 30. Following the new recommendations, social gatherings of more than ten people have been banned, non-essential businesses have been ordered to remain closed, and many K-12 schools have considered ending the school year early.
As the likelihood of newly confirmed cases of COVID-19 in the U.S. continues to rise, anti-viral treatments and vaccine testing are being produced as quickly as possible in hopes of manufacturing an effective vaccine for the virus.
Estate Planning Considerations During COVID-19
As the ramifications of COVID-19 continue to unfold, it has created a new set of challenges for families across the country, some that may have lasting effects. In this time of uncertainty, it’s more important than ever that people start to consider the long-term welfare of their families and themselves.
As COVID-19 continues to affect people of all ages, it’s vital that your estate plans are finalized in the event of a medical emergency. Although the estate planning process can be challenging to do alone, at McKenzie Legal and Financial, we will continue to partner with you during this difficult time to ensure that your estate plan provides the financial security you and your family deserves.
While we hope the worst never happens, planning ahead is always beneficial. Our estate planning lawyer is here to help and guide you through the process and review all necessary documents to ensure a secure future for your family.
What McKenzie Legal and Financial Is Doing To Help
While COVID-19 has made life difficult for everyone, McKenzie Legal and Financial remains by your side to help flatten the curve of this virus together, and we stay committed to providing counsel for all of your living trust and estate planning needs.
As a trusted law firm in our community, the health and well-being of those around us are of the utmost importance, and we will continue to follow the recommendations made by federal, state, and local government agencies regarding responsible business practices during this time.
That being said, our office will continue to provide creative solutions to ongoing legal services such as virtual appointments and transmitting sensitive documents via secure digital platforms.
If you have any questions or concerns at this time, please do not hesitate to call us at (562) 526-6941.
