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Why you should not put off estate planning

On Behalf of | Oct 31, 2017 | Blog |

As busy as you are with work, your kids and other aspects of your life in North Carolina, the one thing you cannot afford to put off is planning your estate. You may think you do not need to make arrangements because you do not have much of anything to leave behind. But if you do not take time now to leave behind your final instructions, the legacy you do leave behind could end up in some random person’s hands. 

You do not need to be a senior citizen to benefit from estate planning. Life is unpredictable. Accidents, birth and death all happen in the blink of an eye. No matter how safe and cautious of an individual you are, there is always the possibility you could fall ill or die when you least expect it. Take some time to review why you should stop procrastinating on estate planning. 

You are of sound and capable mind now 

Your loved ones may not challenge your instructions and wishes now. But if something were to happen that calls into question your mental capacity, you could encounter some challenges in getting your family members to follow through with your wishes and instructions. You may not be able to articulate your wishes; your children may be too young to make decisions for you and your relatives may speculate about what you want. It is best for you to make your estate plans now while you are in good health and of sound mind to do so to prevent delays and confusion regarding your needs. 

During times of serious illness and death, family relationships become fragile. Everyone’s stress and emotions will be running high. To keep your loved ones from fighting over you, spending unnecessary money and compromising your final wishes, get our estate planning done now. You should update those documents often to ensure you do not overlook any assets, beneficiaries and potential issues that could devalue your estate and create additional conflict.

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