Make Estate Planning One of Your Goals in 2024

Joshua Dobi |

Estate planning may not be top-of-mind for everyone, especially if you’re in the early stages of your career. However, as the years unfold, the importance of securing your legacy becomes increasingly apparent. Whether you’re approaching retirement or enjoying the golden years, now is the time to make estate planning one of your primary goals in 2024.

At North Main Financial Group, we understand the complexities of estate planning and the peace of mind it can bring to you and your loved ones. To guide you on this journey, we’ve outlined three key items that will get you started in the process.

Conduct a Beneficiary Check

Your retirement accounts, including 401(k)s, IRAs, life insurance, and annuity contracts all have designated beneficiaries. Over time, these accounts might have taken a back seat in your financial considerations. It’s vital to reassess and ensure that your beneficiaries align with your current wishes. Life changes, relationships evolve, and it’s essential that your assets are distributed according to your updated preferences.

Establish and Update Your Will

Having a will is a cornerstone of effective estate planning. Without one, the state might step in and make decisions on your behalf through the orphan’s court. Ensure your will is not only in place but also up to date. It’s important to recognize that certain assets, such as 401(k)s, life insurance, and annuity contracts, bypass the probate process and pass directly to beneficiaries. Understanding the scope of your will helps you make informed decisions and safeguards your assets according to your intentions.

Regularly Update Your Documents

Life is dynamic, filled with significant events that shape our journey. Marriage, divorce, the birth of children, or the loss of a loved one – these life events necessitate updates to your estate planning documents. What you decided a decade ago might not align with your current wishes. Periodically reviewing and adjusting your documents ensures they remain reflective of your evolving circumstances. This proactive approach empowers you to maintain control over your legacy.


Estate planning is not a one-time task; it’s an ongoing commitment to preserving your financial legacy and providing for those you care about. As we step into 2024, take the initiative to prioritize your estate planning goals. If you need us, the team at North Main Financial Group is here to meet you at your point of need, offering personalized assistance tailored to your unique circumstances.

If you have questions about estate planning or your financial space, call us at (704) 987-1425 or visit us virtually at If you wish to schedule an introductory meeting, we would be happy to meet with you at no cost or obligation to you.


These Blogs are provided for informational purposes only and should not be construed as investment advice. Any opinions or forecasts contained herein reflect the subjective judgments and assumptions of the authors only and do not necessarily reflect the views of Osaic Financial.