It’s never easy to think about the future, especially when it comes to one’s passing or incapacitation. Because of this difficulty and perhaps the assumption that estate planning is not necessary, Georgia readers may delay the process of writing their wills and other documents. In reality, not having a will can make things very difficult for loved ones and beneficiaries.
Statistics indicate that as many as 60% of people die without a will. Younger people are more likely to delay the estate planning process because they assume their age, health status and perhaps income level makes this process unnecessary. This is a step that is beneficial for people of any wealth status, education level and age. Having even a basic will and testament can allow a person to decide what will happen to his or her wealth and assets after he or she passes, making things much simpler for beneficiaries.
Some people find the prospect of writing a will to be depressing. This may compel them to put off this important step. Others may not think it’s important because they don’t have kids. In other cases, a Georgia reader may simply not understand the urgency of it.
Drafting wills and other estate planning documents can be a complex and emotionally challenging process. When a person endeavors to take this step, he or she will find it beneficial to discuss concerns with an experienced legal advocate. A few simple steps can allow a person to have a say over what happens to his or her assets and health care down the road.