Where there’s a will, there’s a way to offer additional employee perks

In today’s increasingly competitive job market, employers are continuously seeking ways to enhance employee benefits and attract top talent. While health insurance, retirement plans, and paid time off are essential components of any benefits package, some companies are now offering a less conventional yet highly valuable perk: estate planning services. This benefit not only promotes employees’ financial well-being but also ensures peace of mind for both employees and their families. By providing access to estate planning services, employers help safeguard their employees’ futures while fostering loyalty and a sense of security in the workplace.

Why estate planning matters

Estate planning is often overlooked by employees, especially younger individuals who may not feel the urgency to plan for the future. However, estate planning is crucial for individuals of all ages and financial situations. It involves preparing for the management and distribution of one’s assets upon death or incapacitation, ensuring the individual’s wishes are respected and their loved ones are protected.

Without a proper estate plan, an individual’s estate may be subject to lengthy probate processes, legal disputes, and unintended asset distribution. This can result in financial hardship and emotional stress for surviving family members. Therefore, having a well-thought-out estate plan can provide peace of mind to employees, as they'll know their affairs are in order and their families will be cared for in the event of an unexpected tragedy.