Wednesday, October 21, 2015

Break Out the Balloons - It is National Estate Planning Awareness Week!

Every year I count the days down to this week.  Well, not really.  But it does serve as a regular reminder about the need to address the basics of estate planning.  Despite my best intentions, there continues to be a large portion of Americans that don't have estate plans.  Based on a 2014 survey, for those individuals age 51-64,  51% don't have wills.  For all ages above 18, it is 64% without wills.  Wow.

Many younger people feel invincible and don't believe it is necessary to  have a will in place.   I suppose you can wait until the day before you die to sign your will and all is fine.  But for most people, except for Marty McFly, we don't know when our number gets called.  It is one of the reasons we buy insurance - protection against the unknown.

For the cynical people out there you are probably saying "whatever lawyer boy, you are just trying to get some business." Yep.  Lawyers need to eat, too.  But it is frustrating to see situations where lack of proper planning disrupts the family relationships and they fall apart.  Some basic planning steps would allow an easier transition without additional cost, delay and problems.  Plus, those attorney fees in those situations are normally higher anyway.  Putting an estate plan together is not as hard or expensive as you might think.

Estate Planning Awareness Week 2015 - schedule an appointment with a qualified attorney...or you can roll the dice.




1 comment:

Valentino said...

Nice job Matthew!Happy National Estate Planning Awareness Week