It’s sad to say, but the holidays are over and it’s time to get back to business. For many, that means following up on New Year’s Resolutions. And for many, myself included, that means getting organized. Whether you have resolved to organize your closets or finally get all the office paperwork in order, you should make sure your affairs are organized as well.
Estate planning is one of those things that we all make excuses to put off when “we have more time” or maybe “next year.” Maybe you think your assets are too small to need a will or maybe you feel overwhelmed by thinking about the effort and time it might take to get your plan organized. Perhaps, you think getting a will is somehow giving up, an admission of your own mortality, or you just do not want to air your family’s dirty laundry to an attorney.
No matter how big or small your estate, if you own property or assets of any kind, you need a will at the very least so that you can control where your property goes. The more complex your estate, the greater the need for comprehensive planning. Do it right the first time and then have it reviewed periodically. Once it’s done, you can stop thinking about it and move on to your other resolutions.
If your concern is the amount of time, effort, or cost to create a will or an estate plan, ask anyone who has ever had to deal with the death of a loved one who did not have a will and they will tell you, it’s worth it. It is especially crucial if you have minor children or children from previous marriages. You are not in this alone. Let your estate planning attorney walk you through the process of getting your affairs in order.
As Benjamin Franklin famously said, “In this world nothing can be said to be certain, except death and taxes.” Having a will drafted or an estate plan created is not an admission of mortality so much as it is an acceptance of responsibility for the life you created for yourself and your family. You earned it; make sure you determine where it goes when you die.
Estate planning attorneys are listeners first and problem solvers second. The more honestly and detailed our clients discuss their family and asset situations, the more we are able to focus on specific concerns and find solutions. Concerns about your family’s specific situation should not stop you from making sure your wishes are fulfilled. Confidentiality is a cornerstone of the attorney-client relationship.
The parties are over and the New Year has begun. It is time to start following through on those resolutions and getting yourself organized. Call or contact us today.