The important task of estate planning is put off by Pennsylvania residents for one simple reason: they think it is too difficult. While there may be some obstacles in the estate planning process, why not make it easier for yourself? As a recent article noted, getting organized can help make the estate planning process a bit easier and a bit more stress-free.
The article pointed out that one of the biggest hurdles to overcome in the estate planning process is a bit morbid: confronting your own mortality. However, if Pennsylvania residents can view the estate planning process as more about how you can help your heirs and beneficiaries by organizing your affairs and assets to make things easier for loved ones after you die, then they can make the whole process much less morbid.
To start an estate plan, consider which estate planning documents you will need. For most people, a Last Will and Testament is a good starting place. It is also important to have power of attorney documents to empower other people to assist you in making financial and healthcare decisions if you become unable to do so. Others will want to explore different estate planning options as well, such as the benefits of establishing a trust.
Many people think that they will feel comfortable researching these topics on their own, but they may miss many important pieces of the plan. When you want to know about estate planning, and especially when it comes time to start putting an estate plan on paper, most Pennsylvania residents would benefit from getting competent legal advice from a certified elder law attorney.
Source: investors.com, "Estate Planning Checklist: Easy Stress-Free Steps For Getting Organized," Michele Chandler, March 30, 2018