One of the services we offer here at Johnson DuRant, LLC is estate planning. For those unfamiliar with the term, estate planning involves preparing for the end of your life by making a will, creating advanced healthcare directives, etc. In this article, our team will explain why we encourage you to being estate planning as early as possible, even if you are still young and in good health.
- Ensure Your Wishes are Respected – The first reason why you should begin estate planning early is to ensure your wishes are respected even if you can’t communicate them in the moment. If you should get into an accident or suffer an illness that incapacitates you, having an advanced directive in place will ensure you get the medical care you want. In addition, making a last will and testament will allow you to control who inherits your assets..
- Protect Your Loved Ones – The other main reason why we encourage you to start estate planning as early as possible is because doing so will protect your loved ones from having to make painful decisions. If you set up an advanced directive or living will, then none of your loved ones will have to make medical decisions about things like end-of-life care on your behalf. They also won’t have to question whether they are doing the right thing or fight with other family members about those decisions. If you want to protect your loved ones from these kinds of heartbreaking choices, we encourage you to make your wishes known ahead of time and enshrine them in legal documents.