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Many people believe they are not financially able or are too young to start estate planning. Unfortunately, life is unpredictable, so even if you’re just getting started in life, you should have a plan in place to give your family peace of mind. It is important for you to consider who you trust to handle your assets so that your wishes are carried out. If you’ve been putting off writing your will, now is the perfect time to start.

Why Now Is the Best Time to Start Estate Planning

Making Your Last Wishes Legally Enforceable

estate planningNo matter how often you’ve expressed your intentions verbally, writing a will is the only way to ensure that your wishes are respected. If you pass away without one, your estate will be divided by the state and distributed to your family members, without regard for personal preference. Even if you only have sentimental items or a small savings account, estate planning can make sure they go to the people you choose.

Choosing Someone to Make Decisions for You

If you’re injured or develop a serious illness, you might assume that your family can manage your affairs on your behalf. However, unless you provide them with an attorney, this usually isn’t the case. Estate planning will allow people you trust to make decisions about your healthcare and manage your finances and assets. 

Preventing Family Disputes

The death of a loved one can cause rifts that can tear apart families despite their prior relationship. Leaving behind instructions can keep your family members from fighting over your belongings and healthcare decisions, even if they disagree with your choices.


 

Estate planning can be complex, but a skilled attorney will review your situation provide the critical guidance you need. The respected law firm, Stuart R. Norman Jr., in Jewett City, CT, has the expertise to ensure your assets and family are protected. For over 40 years, the local community has trusted the attorney with their law needs. To schedule a consultation, visit their website or call their offices at (860) 376-0069.

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