Bowditch: Don’t put off creating an estate plan
REGION – Creating an estate plan, like securing a life insurance policy, can be a daunting task at any stage in life. Whether you’re establishing a career, raising a family, or accumulating assets, you should seek assistance from a lawyer specializing in this area of the law.
Ensure your wishes are honored
The most basic estate planning document is a will, which ensures your post-mortem wishes are honored. Without a will, state laws decide what happens to your property and who will serve as executor of your estate (an executor is responsible for carrying out your wishes as drafted in the will), which can lead to unintended outcomes and unnecessary conflict.
Despite its importance, less than half of adults in the U.S. have an estate plan that describes how their money and estate should be handled after their death, a trend that’s been consistent since 1990. The longer you wait to set up a plan, the more potential obstacles you and your heirs could face because of complex assets and complicated family dynamics that come with age. Overcoming these estate planning hurdles as you age requires careful planning and, oftentimes, professional guidance.
Read more via the Community Advocate >> https://www.fiftyplusadvocate.com/2025/11/23/dont-put-off-creating-an-estate-plan/