Don't Delay Estate Planning
Last Sunday, the Seattle Times Newspaper, ran an article by syndicated columnist Chuck Jaffe that crystallized perhaps the best reason to plan your estate sooner rather than later. What I took from the article was you do not want to spend time thinking about getting your affairs in order if you only have a short time to live. Mr. Jaffe noted his late brother did his estate plan before becoming ill, and he was thankful he did not have to waste one precious minute worrying about wills, trusts and finances. When time is of the essence, you should focus on what really matters in life rather than the mundane details of what happens after death. There certainly is no better reason to plan sooner rather than later.