Far too many people put off the process of estate planning because they assume that it won’t happen to them.
As anyone who has lived through the unfortunate experience of watching a loved one pass away suddenly and unexpectedly can attest, it is very important to plan for the worst while still hoping for the best. If the worst happens, are you and your family prepared to handle what may follow?
Unfortunately, unanticipated events arise all the time and whether you are an individual worried about whether or not your loved ones will be able to access the assets you pass on through your estate planning or you own a business and are curious about this would change hands in the event of a sudden divorce, disability, death or voluntary exit, you need to have plans articulated well in advance that are clearly documented inside agreements. Even if a problem may be unexpected, it can still present sudden and emergent issues that require attention.
Putting the burden on people in the future to deal with these challenges can prove very problematic. It is far better to articulate a variety of series of what-if situations in order to ensure that you have addressed these concerns and have done everything possible to avoid the challenges by taking the right approach towards planning for the future. Schedule a consultation with an estate planning lawyer today.
