When it comes to estate planning you can look ahead at the known and the unknown.
WXOW points out in the article “Planning ahead for the unexpected with a will,” that estate planning is different than most things in life because you can plan for the future and include the unexpected.
In the business world and in our personal world it is often difficult to plan for the unexpected but with estate planning we can plan for the unexpected and it will never be a complete waste of time. Most of us do not expect to die anytime soon, but we all know that we will die someday.
If you get an estate plan now, you have not wasted your time even if you do not pass away for decades. At some point the estate plan will be used.
By estate planning long before you expect to need it, you hedge your bets just in case something unexpected does happen tomorrow, but you also plan for the inevitable.
Getting an estate plan does not have to be a difficult process and an estate planning attorney can guide you.
Reference: WXOW (Aug. 5, 2016) “Planning ahead for the unexpected with a will”