4 Signs You Are Ready To Build An Estate Plan
Stereotypically, estate planning is something most people don't think about until they're in their mid-late fifties (or older). After all, estate plans only come into effect once someone dies - it's unnecessary for younger adults to spend time on something that likely won't be needed until much later, right? Wrong. While we hope every person lives a long, fulfilling life, it is impossible to predict when tragedy may strike. Lives are ended prematurely far too frequently. Sometimes, someone's life may not be officially over , but a traumatic brain injury or other tragic accident may drastically limit or impede his ability to make decisions and function on his own. In any of these situations, having an estate plan already established makes a huge difference. Because it is impossible to predict when these situations may occur, it is important to build an estate plan sooner than later. The attorneys at the Law Offices of Phillips, McElyea, Carpenter, & Wel