Ask anyone why they do estate planning and you’re likely to get a variety of answers. But at its root, the answer to the question: “Why do estate planning?” was answered best by one of my partners who said, snickering: “If you love your family, do you really want to leave them with a mess?”
Estate planning is one of the easiest and most desirable things to postpone. It’s an investment of time and money in something that’s generally intended to be relevant at a time in your life you’d rather not think about. Without judging our own importance too substantially, it’s still very fair to say that our passing will leave those we care about with a fair amount of adjustment. For some, it’s far worse — it can leave a devastating financial and emotional void for those who rely on us.
Read more: http://www.htrnews.com/story/money/2016/07/08/manitowoc-michael-best-friedrich-estate-planning-why/86746568/
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