I’m in the process of revising my estate plan.
I’m 36 years old and in good health.
Death, I hope, is many years away.
Still the whole process—writing my will, devising my assets, naming a guardian for my children, etc.—causes me to think of the inevitable.
It’s not a pleasant experience.
No one wants to think of death.
And it’s one of the main reasons why people put off estate planning.
Planning your estate is never easy.
But it’s especially difficult when death is imminent.
Occasionally I’ll assist an elderly or terminally ill client with a last will and testament.
It’s always an emotional experience for everyone involved—the client, the family members, even the witnesses and lawyer.
That’s why I encourage clients to plan their estates when they’re in good health.
Planning your estate when you’re young and healthy makes the process less emotional and more business-like.
For many people, the best time to start the process is after their first child is born.
Your plan should then be revised periodically as major life events happen (e.g., new children are born, devisees die, people divorce, etc.)
So don’t put off estate planning any longer.
If you have any questions concerning estate planning, please feel free to contact me at email@example.com.