I was calling to check in on my friend. She works in a care facility that has been hard hit by COVID-19. She was sick. That question was one of the first statements after I asked: “How are you?”. Estate planning was off in the distance in her mind until this latest scare.
My friend is my age. (No, I’m not putting my exact age out here on this blog. But, we’ve had a few milestone-ish high school reunions). She has kids that are pre-teen and teens; she has been divorced for a few years. Her biggest concerns were about her kids. What would happen to them? What would happen to the money and investments she has set aside? Who would make sure everything was taken care of? She was wondering, perhaps for the first time, “what happens if I die?”.
What happens if I die?
The events of the past few months have pushed quite a few people to think about their future and their estate plans, especially for those with families that are blended, or have an ex-spouse involved. The best way to make sure your wishes are followed and your loved ones are cared for is to have an estate plan in place.
Get started today!
Estate planning can be relatively painless. It typically involves 3-4 meetings, and a bit of homework on the part of the client asking them to list their assets, and the people they want to be involved in following through with the plan. There are some decisions to make about the distribution of property too. However, estate planning is a lot harder if you are making the decisions on a time crunch or at a time when you are feeling like you will never, ever feel better.
Don’t wait. Commit to contacting an attorney to discuss your estate plan, either updating the plan or creating one. It will give you peace of mind you didn’t know was missing from your life.