Give Thanks by Planning Your Estate
The Gift of Estate Planning During Thanksgiving
As Thanksgiving approaches, many of us take a moment to reflect on gratitude and celebrate the love and bonds within our families. While sharing a meal or exchanging gifts are traditional expressions of gratitude, planning your estate might be one of the deepest ways to show your appreciation and love.The Meaning of Estate Planning
Estate planning is more than just a legal necessity; it is an act of love and legacy. Based on recent statistics, only 24% of U.S. adults have a will as of 2025, and just 24% of adults aged 18-34 have created one. Yet, from my experience as an estate planning lawyer, I have often seen how a meticulously crafted estate plan can provide families with peace and comfort during challenging times.Why Start Now?
If you haven't reviewed your estate plan recently, now is the perfect time to do so. An up-to-date estate plan ensures that your wishes are honored and reduces the potential for stress or disputes among your loved ones. It's a profound way to demonstrate care and gratitude, offering clarity and guidance at crucial moments.Practical Steps for Estate Planning
Since estate planning is a significant step, here are a few actionable tips to guide you:- Take stock of your current documents to ensure they reflect your latest intentions.
- Consider who you trust to make decisions on your behalf should you be unable to do so yourself.
- Communicate your intentions clearly with your family to prevent any misunderstandings later on.
