Why Estate Plan?

Posted By The Law Offices of Steven M. Adler, PLLC || 19-Jul-2013

There is one reality every person can count on: one day, they will die. Since the beginning of time, there has been a 100% mortality rate. The question then becomes, how do you want to die? Everyone should care about the legacy they leave behind (defined as "that which is handed down from a predecessor to an ancestor").

Your legacy can include physical assets and nonphysical components such as your reputation. If you want to leave your loved ones with a positive legacy of respect and love, it is important that you begin planning for their well-being after you are gone. An estate plan not only protects your loved one's best interests, it protects yours.

Do you want your family to suffer from additional anxiety and uncertainty in the event that you were involved in an accident? Of course not! Unfortunately, however, if you fail to estate plan, that is exactly what you are setting your family up for: additional anxiety and uncertainty.

An estate plan clearly lays out to your family what kind of medical care you want: whether you want no expense spared to prolong your life or whether you'd prefer to not be placed on life support. An estate plan allows you to assign an individual as a health care proxy and allows you to put in writing what kind of medical care you would like (or not like) in the event of an illness or accident.

The end comes whether you plan for it or not, estate planning just makes your passing easier on your loved ones. Don't delay in making the necessary arrangements that could protect your family, your wishes and your legacy; contact The Law Offices of Steven M. Adler, PLLC today to get started with your estate plan!

Categories: Estate Planning