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5 Tips All Paramount Global Employees Should Know When Choosing an Estate Attorney

Healthcare Provider Update: Healthcare Provider for Paramount Global Paramount Global primarily offers healthcare benefits through its arrangements with major insurers. Employees often access health insurance through the Affordable Care Act (ACA) marketplace as well as employer-sponsored health plans, provided by companies like UnitedHealthcare, which is among the top insurers in the nation. Potential Healthcare Cost Increases for 2026 As premiums for Affordable Care Act (ACA) marketplace plans are projected to surge in 2026, employees of Paramount Global should brace for a significant rise in healthcare costs. Some states may see increases exceeding 60%, driven by a combination of expiring federal subsidies and escalating medical costs. Without congressional intervention, nearly 92% of marketplace enrollees could experience premium hikes of up to 75%, placing added financial pressure on employees reliant on these plans. It is crucial for workers to stay informed and consider their options carefully to mitigate the impact of these potential increases. Click here to learn more

Creating an efficient estate plan is crucial for ensuring that your legacy and goals are honored exactly as you envision. This is particularly significant for employees at Paramount Global, as navigating the intricacies of estate planning requires careful selection of a knowledgeable attorney attuned to your personal and state-specific legal needs. Here’s a structured approach to finding the perfect estate planning lawyer to suit your unique requirements.

Identify Your Estate Planning Needs

Begin by clarifying your specific estate planning needs. Whether you are updating an existing plan or starting anew, understand your goals, such as establishing guardianships, designating beneficiaries, creating trusts, or managing taxes for your estate and heirs. For Paramount Global employees, a clear understanding of these needs is essential to finding an attorney who can effectively address your specific circumstances.

Utilize Personal Recommendations

The value of personal recommendations remains unmatched when seeking professional services. Engage with fellow Paramount Global colleagues who have experience in estate planning. Their insights can greatly aid in finding a lawyer whose reliability, professionalism, and ability to tailor services are well-vetted. This method can help you compile a list of potential attorneys endorsed through trusted channels.

Emphasize Local Expertise

While digital tools offer convenience, local legal expertise is indispensable in estate planning. Laws vary significantly by state, making it critical to choose a lawyer familiar with your state’s legal landscape. This ensures that your estate plan is both compliant and effective, safeguarding your heirs from possible legal complications.

Conduct Thorough Interviews

Once you have a list of potential lawyers, conduct detailed interviews to assess their fit. Discuss their experience, especially with estates similar to what you might have at Paramount Global. Explore their communication styles, availability, pricing, and any hidden costs. This interaction helps you gauge if the lawyer’s approach aligns with your expectations and if you can establish a reliable working relationship.

Explore Digital Estate Planning Services

Consider the benefits of reputable online estate planning services as an alternative to traditional methods. These platforms offer state-specific solutions that can be convenient and cost-effective, particularly for straightforward estate planning needs. However, for more complex scenarios common among Paramount Global employees, personalized legal advice from a dedicated attorney might be preferable.

In summary, securing the right estate planning attorney ensures your estate is managed and distributed according to your wishes. By understanding your unique needs, leveraging referrals, prioritizing local expertise, conducting personal interviews, and considering digital options, you can formulate a comprehensive plan that offers peace of mind and a well-protected legacy. Remember, the effectiveness of your estate plan directly correlates with the effort you invest in selecting the ideal attorney.

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For Paramount Global employees approaching or at retirement age, consider integrating long-term care planning into your estate strategy. A 2020 study by the American Association of Retired Persons (AARP) indicates that approximately 70% of individuals over 65 will require some form of long-term care. Engaging with an attorney skilled in elder law can be crucial to developing a plan that includes long-term care, safeguarding assets while ensuring care needs are met without undue financial strain on the estate or heirs.

With our comprehensive guide, discover the key steps to choosing the best estate planning lawyer who can craft a plan tailored to your goals and compliant with your state’s unique laws. Ensure your legacy is secured with the right legal expertise, making the estate planning process straightforward and reassuring for Paramount Global employees.

What type of retirement savings plan does Paramount Global offer to its employees?

Paramount Global offers a 401(k) retirement savings plan to its employees.

Is there a company match for contributions made to the 401(k) plan at Paramount Global?

Yes, Paramount Global provides a company match for employee contributions to the 401(k) plan, subject to certain limits.

How can employees at Paramount Global enroll in the 401(k) plan?

Employees at Paramount Global can enroll in the 401(k) plan through the company's benefits portal or by contacting the HR department for assistance.

What is the eligibility requirement for participating in the 401(k) plan at Paramount Global?

Employees must meet specific eligibility criteria, such as age and length of service, to participate in the 401(k) plan at Paramount Global.

Can employees at Paramount Global take loans against their 401(k) savings?

Yes, Paramount Global allows employees to take loans against their 401(k) savings, subject to the plan's terms and conditions.

What investment options are available in the Paramount Global 401(k) plan?

The Paramount Global 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and company stock.

How often can employees at Paramount Global change their 401(k) contribution amount?

Employees at Paramount Global can change their 401(k) contribution amount at any time, typically during open enrollment or through the benefits portal.

Does Paramount Global provide educational resources for employees regarding their 401(k) plan?

Yes, Paramount Global offers educational resources and workshops to help employees understand and manage their 401(k) savings effectively.

What happens to the 401(k) savings if an employee leaves Paramount Global?

If an employee leaves Paramount Global, they have several options for their 401(k) savings, including rolling it over to another retirement account or cashing it out, subject to taxes and penalties.

Is there a vesting schedule for the company match in the Paramount Global 401(k) plan?

Yes, there is a vesting schedule for the company match in the Paramount Global 401(k) plan, which determines when employees fully own the matched funds.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.

Paramount Global provides RSUs and stock options to eligible employees.