The quote by Benjamin Franklin, “Don’t put off until tomorrow what you can do today,” can apply to so many areas of your life. There are numerous things you know you should probably do but feel there is no urgency to do them. Estate planning is one of those things that many Massachusetts residents put off, sometimes until it is too late.
When it comes to estate planning, there is no time like the present. It doesn’t matter where you are in life, whether you are a single college student, newly married, in the stage where you have minor children at home or are entering your golden years, estate planning is a good thing to get done. Why? It is all about personal and family protection.
Who is going to be your personal representative if you can no longer make decisions for yourself? Who is going to care for your children if you become incapacitated or pass away? Who is going to receive your property when you die? If you don’t make decisions on these kinds of things now, a judge may get to make them for you later.
If you’ve been thinking about going through the estate planning process, now is a good time to get started. You do not have to do it alone. Legal counsel can walk you through it and help you create a plan that fits your specific needs and wants. To learn more about estate planning in the state of Massachusetts and how legal counsel can assist you with it, please take a moment and visit our firm’s website.