Georgia residents, no matter how much money they have, need to consider starting an estate plan as soon as possible if they do not already have one in place. Whatever the excuse for not having one, it pales in comparison to being caught without an estate plan at a crucial time.
Of course, an estate plan handles the obvious things such as a will. However, it also addresses issues such as medical care decisions and who is able to make health care decisions on behalf of another. It is inevitable that an estate plan will be used at some point.
Many families shy away from this crucial endeavor. Whether it is due to the cost or the fear of addressing one’s own mortality, it is far worse to not have an estate plan at all. Once a person becomes incapacitated or dies, it is obviously too late to do anything about an estate plan.
Estate plans are not as difficult as one may think if they approach it methodically. If they start with a broad vision of what they want and begin to fill in the specifics one by one, it is less intimidating than it seems. The reward for the work is the peace of mind that comes with knowing that future plans are in place.
Professional legal help is one way to take some of the fear out of this legal area. A probate and estate planning lawyer may help their clients through every step of the process. They might also assist by drafting these documents to ensure that they are done correctly. Estate planning is an area where one mistake may detail an entire course of action, so it is best not to leave it to chance.