BEFORE YOUR DEPLOYMENT, ORGANIZE YOUR AFFAIRS

Gabriel Katzner - August 5, 2019 - Estate Planning
Before your deployment estate plans

Before your deployment, it’s a good idea to review your financial affairs and put things in order. You will make life a little easier for your loved ones and yourself when you return. 

1. Create a Family Care Plan

Family Care Plans are usually required for single parents, dual service member couples with dependents, those who are married with custody or joint custody of a child whose non-custodial parent is not a spouse, or those who otherwise bear sole responsibility for the care of children under the age of 19. Plans are also needed if you’re responsible for others who cannot care for themselves in the absence of a service member (you) or those who are responsible for a dependent family member. 

This plan consists of written instructions to your loved ones on how to manage day-to-day activities, and the plan will be connected with necessary legal documents. The plan will also document who will care for your family members when you are away and contain proof of their agreement to do this. 

2. Prepare estate planning documents

To ensure that your wishes are carried out, you’ll need to write them down by creating a Last Will and Testament or a Revocable Living Trust. If you have a Will already, make sure that it still reflects your wishes. Update your Will if you have gotten married or had children since the Will was first prepared. Also, if you have gotten married or had a child since you first had the Will prepared, you may want to create a trust to hold your assets until your beneficiaries can receive them. A Will and a Trust will both distribute your assets according to your wishes, but a Trust specifically allows the administration to take place without court involvement, and it can better protect your assets and preserve them for your beneficiaries.

3. Review your beneficiary designations

As a service member, you may have access to survivor benefits, like a life insurance policy. If you do, review your policies to make sure your recipients are correctly named. This is especially important if you have recently gotten married or had children.

4. Assess your life insurance needs

When planning for your family’s financial security, it is important to assess their unique needs. According to the U.S. Department of Veterans Affairs, the Servicemembers’ Group Life Insurance coverage is available in $50,000 increments up to the maximum of $400,000. But you’ll want to research other options if your family happens to need more. 

We are here to help

We thank you for your service, and we’re here to support you. When you are ready to review your estate plan prior to deployment, please give us a call

You can schedule a call with us or reach us directly at 855.528.9637 to learn more about how best to plan today to protect those most important to you.

Gabriel Katzner

In 2002, Gabriel Katzner, the founding partner of Katzner Law Group received his Juris Doctorate with honors from the Fordham University School of Law. After spending the first 7 years of his legal career
practicing at Cahill Gordon & Reindel LLP, an international law firm based in New York, he went on to found his own firm.

Gabriel Katzner has a track record, along with a vast number of
outstanding public reviews across platforms, of working hard on behalf of individuals who need assistance with comprehensive
estate planning services. Finding a lawyer who is knowledgeable about revocable and irrevocable trust planning, guardianship for minor children, asset protection, trust administration and probate,
as well as Medi-Cal / Medicaid planning is extremely important.

Years of experience: More than 17 years
Location: San Diego, CA



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This page has been written, edited, and reviewed by a team of legal writers following our comprehensive editorial guidelines. Furthermore, it has received approval from attorney Gabriel Katzner, an experienced estate planning lawyer with over 17 years of legal expertise.

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