It has been an interesting couple of weeks. In that time I have seen both ends of the timing spectrum. On one end, I have clients who had been thinking about doing an estate plan for “years” and they finally have one. And then, on the other end, I have a couple of clients who wanted to do estate planning, but they just ran out of time – so now we are dealing with a death and no plan.
Timing is everything!
For my clients who waited and waited, and finally got their plan, it worked out. But for all those years they continued to procrastinate, they were taking a huge risk.
For the couple that ran out of time, their family is now faced with the headaches and expense of a probate. They took the same risk and lost.
Timing is everything.
Estate planning is easy to put on the back burner. It is too often considered as something to be done next week, next month or even next year. This is all too easy to do, until something unexpected happens, and the people you love are stuck with dealing with the mess.
Timing is everything.
You should take the timing out of the question. Sit down with an estate planning attorney to get your plan in place.
For more information or to schedule a free consultation, contact our office today at 888.222.1328.
Contributed by MH Las Cruces, Santa Fe and Albuquerque Estate Planning Attorney James P. Plitz.
What the Attorneys of Morris Hall Can Do For You:
The attorneys at Morris Hall have 100’s of years of combined experience ensuring that families’ assets are protected from probate, unnecessary taxes, creditors, ex-spouses and Medicaid spend-down. The attorneys also help those in Arizona and New Mexico to apply for and receive Medicaid assistance and Veterans Benefits. Our Arizona offices are located in Phoenix, Mesa, Scottsdale, Cave Creek, Tucson, Prescott, Flagstaff and Arrowhead. Our New Mexico offices are located in Albuquerque, Las Cruces and Santa Fe. Contact us today at 888.222.1328 to schedule an appointment!
This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.