Many people think that if they are not rich, they don’t need an estate plan. Many more people figure that “things will just work out” when they die. The vast majority of people don’t like to think about dying.Many people think that if they are not rich, they don’t need an estate plan. Many more people figure that “things will just work out” when they die. The vast majority of people don’t like to think about dying.
You know at some level, however, that your good health may not last all of your life, and that someday your life will end. You may be concerned about what will happen when you can no longer manage your affairs, or what will happen to the lives of the ones you love, or the organizations you passionately care about, when you are no longer here to make decisions.
You . . . and I . . . and everyone else who has had some success in life, worry about what will happen when we die. You want your family—and perhaps others—to have the assets that came from your hard work over a lifetime. Estate planning is the rational process of facing those worries and concerns, and finding options and effective ways to deal with them. When you do estate planning, you remove a huge load from your mind, and you remove an equally huge burden from the minds of those you love and wish to support into the future. Setting up an estate plan is one of the finest gifts you will ever give to your loved ones.