It may be very difficult for you to think about the need to plan for your incapacity or end of life. However, in both matters of your healthcare and assets, it is best for you to provide direction in advance. Doing so can help you avoid probate, save money on taxes and prevent your loved ones from having to make decisions based on what they think you would have wanted. But if you are young and healthy, do you really need to be concerned about estate planning?
End-of-life concerns are not just for those at an advanced age. Neither are they only for people who struggle with health concerns. Perhaps the most unfortunate part of estate planning is that it may be only way to control the inevitable. It provides a way you can communicate your wishes in case something happens to you, while many other things remain outside your control.
