There are many, many answers for the best time for estate planning.
The best time for estate planning for you is when you are thinking about getting an estate plan, but as the Lowell Sun points out in “Summertime is right time for estate planning,” other answers are also possible.
The article suggests that getting an estate plan in the summer is good because many estate planning attorneys also handle real estate transactions. The summer is generally a slow period for real estate, so attorneys might have more time to focus on your estate plan.
That is all true, but many attorneys only do estate planning and elder law so the advice might not be applicable for the attorney you want to use.
Getting an estate plan when you do your taxes is also considered to be a good time of year since you will already have many of your financial documents easily accessible.
The best answer, however, is still the first.
If you are thinking about getting an estate plan, do not worry about what time of year is best to get one.
An estate planning attorney can guide you whenever you choose to create one.
Reference: Lowell Sun (July 17, 2016) “Summertime is right time for estate planning”
