The start of a new year is always a time for fresh beginnings and setting goals. While many people focus on improving their health or career prospects, there’s one resolution that often gets overlooked but is equally important: estate planning. It’s a decision that can bring peace of mind, security, and a sense of accomplishment. Let’s explore why creating your will in the new year is a great resolution.
Protect Your Loved Ones:
One of the most compelling reasons to make estate planning a priority in the new year is the assurance it provides for your loved ones. A properly executed will ensures that your assets and property are distributed according to your wishes. By doing so, you relieve your family of the burden of making difficult decisions during an already challenging time.
Avoid Unnecessary Stress:
The passing of a family member is a highly emotional and stressful experience. By having a will in place, you can alleviate much of this stress. Your loved ones will appreciate your thoughtfulness in making their lives more manageable during a difficult period.
Preserve Your Legacy:
Your estate plan is not just about money and assets; it’s also about preserving your legacy. By leaving clear instructions and wishes for the distribution of your belongings, you can ensure that your family and friends remember you fondly and respectfully.
Without a will, disputes among family members can arise, leading to costly legal battles and strained relationships. By having a well-drafted will, you can minimize the potential for conflicts and disagreements among your heirs.
Plan for Incapacity:
Estate planning is not just about what happens after you pass away; it’s also about planning for the unexpected. By including provisions for incapacity in your estate plan, you can ensure that someone you trust can make financial and medical decisions on your behalf if you become unable to do so.
Your life circumstances can change, and your estate plan should reflect those changes. By making estate planning a yearly resolution, you can ensure that your plan remains up to date and aligned with your current goals and wishes.
As you embark on this new year, consider making estate planning your resolution. It’s a decision that demonstrates your love and care for your family’s well-being. With the help of a skillful estate planning attorney, you can create a customized plan that protects your loved ones, preserves your legacy, and provides you with peace of mind. Don’t delay any longer; start the year right by securing your family’s future through estate planning. Contact UBFK Law today & schedule an appointment with our experienced estate planning attorney, Shira Frackt, Esq. Here’s to a prosperous and well-prepared year ahead!