Have Questions About Estate Planning? Start Here

When you first consider estate planning, you might wonder if now’s the time to act. Chances are good it is. Or it’s at least time to find answers to your questions about everything involved in creating an estate plan.

Putting off estate planning because you’re young and healthy isn’t a good excuse. It’s often suggested you start estate planning in your 20’s. Delaying estate planning at any age could burden your loved ones — financially and emotionally — if something happens to you.

We know thinking about end of life decisions and having conversations about death and your finances is challenging. But it is an important and responsible step in managing your money and caring for those you love. You may find you only need to create a simple will, take out or increase life insurance policies, or update your beneficiaries on policies or financial accounts.

Estate Planning

These articles below will help you start the planning of your estate documents. You’ll see you don’t require a six-figure net worth, have to own a home, or have kids to put a plan in motion. Creating an estate plan helps your loved ones if something happens to you, even if you hold significant debt.

1. Don’t have a will yet or know what intestacy means? Then you’ll want to read the article, What Happens If I Die Without Creating a Will? It explains how the rules of intestacy could negatively affect others in your life if you fail to plan.