New Update: Healthcare Costs Increasing by Over 60% in Some States. Will you be impacted?

5 Tips All RPM International Employees Should Know When Choosing an Estate Attorney

Healthcare Provider Update: Healthcare Provider for RPM International RPM International, a company specializing in industrial coatings and sealants, typically offers healthcare plans through major insurers. Employees of RPM International can expect to receive health benefits from providers such as UnitedHealthcare, Aetna, or Cigna, depending on the specific plan choices made available by the company. Healthcare Cost Increases in 2026 As we approach 2026, RPM International employees should brace for a significant rise in healthcare costs. Premiums for Affordable Care Act (ACA) marketplace plans are anticipated to increase sharply, with some states reporting hikes exceeding 60%. A decrease in federal premium subsidies and the continuous rise in medical care costs-including skyrocketing medication prices-are substantial contributing factors. Employees are advised to evaluate employer-sponsored plans alongside marketplace options early to mitigate financial impacts, as many may face increased out-of-pocket expenses that could affect their budget significantly. 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 RPM International, 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 RPM International 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 RPM International 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 RPM International. 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 RPM International 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.

Featured Video

Articles you may find interesting:

For RPM International 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 RPM International employees.

What type of retirement plan does RPM International offer to its employees?

RPM International offers a 401(k) retirement savings plan to its employees.

Does RPM International provide a company match for employee contributions to the 401(k) plan?

Yes, RPM International provides a company match for employee contributions to the 401(k) plan, helping employees maximize their retirement savings.

What is the eligibility requirement for RPM International employees to participate in the 401(k) plan?

Employees at RPM International are typically eligible to participate in the 401(k) plan after completing a specified period of service, usually within their first year of employment.

Can RPM International employees choose how their 401(k) contributions are invested?

Yes, RPM International employees can choose from a variety of investment options for their 401(k) contributions, including mutual funds and other investment vehicles.

How often can RPM International employees change their 401(k) investment elections?

RPM International employees can change their 401(k) investment elections at any time, allowing them to adjust their investment strategy as needed.

What is the maximum contribution limit for RPM International employees participating in the 401(k) plan?

The maximum contribution limit for RPM International employees is subject to IRS guidelines, which can change annually. Employees should check the current limits for accurate information.

Does RPM International offer a Roth 401(k) option for its employees?

Yes, RPM International offers a Roth 401(k) option, allowing employees to make after-tax contributions to their retirement savings.

What happens to RPM International employees' 401(k) accounts if they leave the company?

If RPM International employees leave the company, they have several options for their 401(k) accounts, including rolling over the balance to another retirement account or leaving it in the RPM International plan.

Is there a vesting schedule for the company match in RPM International's 401(k) plan?

Yes, RPM International has a vesting schedule for the company match, which means employees must work for a certain period to fully own the matched contributions.

Can RPM International employees take loans against their 401(k) accounts?

Yes, RPM International allows employees to take loans against their 401(k) accounts, subject to specific terms and conditions outlined in the plan.