You probably already know that estate planning is important, but it might be something that you have been procrastinating about. These are a few signs that it's time to stop procrastinating and to meet with someone from an estate planning service.
1. You Have Accumulated a Lot of Assets
When you did not have a lot of assets, then you might not have really thought that estate planning would be very important. If you have accumulated more over the years, however, such as if you have purchased a bigger home, started a business, or accumulated more land, then it might be a good idea to start thinking about estate planning. After all, you probably want to make sure that the things that you have worked so hard for will be handled according to your wishes when you pass away.
2. You Have Been Diagnosed with a Serious Illness
It can be easy to feel as if you are going to live forever. However, if you have recently been diagnosed with a serious illness, you might have realized that this is not the case. If you are dealing with a serious illness, it is important to consider meeting with an estate planning professional, since you might not know what the future holds. Doing it now can help you ensure that you don't have to worry about dealing with all of these matters later on, when you are battling your illness and when you might not be feeling very well.
3. You're Trying to Plan for Your Future
If you have been thinking that now is the time to start planning for your future, then estate planning can be a good way to start. While doing your estate planning, you can look into things like buying life insurance, planning for your funeral, and more. By working with an estate planner, you can get advice for each of these things and can come up with a step-by-step plan for how you can prepare for your future as much as possible. Then, you can help ensure that things go well as you age.
It's never really too soon to start talking to someone about estate planning. However, if any of these three things are applicable to you, then it's probably a good idea to consider looking into estate planning sooner rather than later. Luckily, if you work with the right estate planning service, such as Thomason & Hessmer, you can get professional help with each step of the process.