Make sure your plan matches your stage in life
Most people do not like thinking about their own death or the death of family and friends. Benjamin Franklin famously wrote: “… in this world nothing can be said to be certain, except death and taxes.” Simply stated, the reason to have your own estate plan drafted is to provide for the orderly administration of your affairs (financial and otherwise) in the event of your incapacity or death. For many, the words ‘estate plan’ conjures images of luxury and affluence, though everyone, regardless of financial resources should have an estate plan. To help prove our point, here are some of the top reasons each of the following personas should make creating/updating their estate plan a priority.