This is the last will and testament of…

29 08 2011

Have you prepared a will? To be honest it is not something many like to think about. A recent survey about estate planning found a tremendous disconnect that further displays the well known saying, it is easier said than done. Of those surveyed, 60% said they believe all adults should have estate plans, but only 44% said they have one. Sadly, and understandably, the reason for this disconnect is that people are too preoccupied with today’s financial stresses to be concerned with the cumbersome documentation and preparation it takes to create a will.

A good place to start when it comes to estate planning is in naming a guardian for your children. After that, making a list of your possessions and assigning them to your desired family, friends or charities. Just a simple list will help get the ball rolling. Other important estate planning documents that you can then take a look at are a power of attorney, living trust and living will.

A good source is EZLaw which can help you create a living will, last will and testament, or power of attorney, so that all you would need to do is have the documents reviewed by an attorney. Although, there is a fee that applies. Another helpful source is NOLO Law for All, which has great articles such as this Will Checklist.

Enjoy today but think about tomorrow, and make this a priority for yourself and your family. Planning step by step can help it not feel so overwhelming.

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