One of the lessons the last few years have taught us is that we may miss out on the chance to do something if we put it off for too long. A number of people are making big life decisions such as switching jobs, moving into new homes, or making relationship changes.
Many people have also taken this time to begin estate planning. However, some people have been unable to stay focused and trail off instead of finalizing their estate plan. People may do this for a variety of reasons. They may feel too overwhelmed by the decisions they need to make, or they may not have someone in their life that they are comfortable naming to make important decisions for them. It’s also unnerving for most people to think about their own mortality. For all of us, it’s a matter of “when” and not “if” we will die, and it’s better to be prepared for it.
An estate planner helps to simplify this process and break down complex issues to make them much easier to understand. Although an estate planner can listen to clients’ concerns and offer guidance, it’s still up to the individual to decide to execute their own estate planning documents.
It’s common for people to say that they didn’t expect someone to die, and it might be so painful that we don’t even want to think it could happen. Often, though, those who accept the inevitability of death and plan for it ahead of time find freedom in doing so.
It’s best to do your estate planning while you are in good health and have the time and energy available for it. Too often, people mean to create a will but don’t actually get around to it until a stressful life change makes them consider their own mortality, such as with the diagnosis of a serious illness.
You should give yourself and the people most important to you the gift of completing your estate plan. For help creating or updating your estate plan, contact us at Wilson and Wilson Estate Planning and Elder Law, LLC at 708 482 7090 for our main office in LaGrange, Illinois or at 847 656 8958 for our Northbrook, Illinois office.