Some people set up an estate plan at a young age, aware of the risks they will face throughout life and determined to prepare for the unexpected. Others may wait for many years to set up an estate plan. Moreover, someone may lose a loved one due to an age-related illness or at a very young age following an unexpected motor vehicle accident. Either way, losing someone you love can be extremely difficult, and it may also prompt people to think about difficult decisions related to the end of life, such as creating an estate plan.
If your loved one passed away without an estate plan, you may have realized how important it is to prepare for what will happen to your assets after you have died. Without an estate plan, it may be even harder for your family members to deal with your death, and your estate may not be distributed in the way you want. Setting up a will or a trust can eliminate uncertainty after you pass away, and it can also provide a variety of benefits for the rest of your life. For example, you may have a sense of calm with the knowledge that you have accounted for these matters.
If you have recently lost a spouse, parent or child, we understand the unbearable emotional toll that you may be struggling with. If this has prompted you to ask difficult questions and think about your own death, regardless of how old you are, this may be a good time to take a closer look at creating an estate plan.