Most people don’t like to think about death. That’s one reason so many Americans put off creating a will. In fact, in 2019, about 40% of Americans had no estate planning documents, including a will. In 2020, according to a Caring.com survey, 1 in 3 people realized the importance of having a will and estate plan because of the coronavirus epidemic, yet they didn’t do anything to create one.
If you still haven’t created a will or estate plan, you may wonder when is the right time to do that. Or you may think that estate planning is something only very wealthy people need to worry about, but that’s not true. You need a will when:
When you decide you want to create a will, you should consult an experienced estate planning attorney. Many people think that using an online DIY will creation tool is their best option. However, with an attorney’s help, you can better evaluate all your assets and ensure your will meets South Carolina’s legal standards.
An estate planning attorney also can help you create other essential estate planning documents, such as
When you complete a will and essential estate planning documents, you will feel peace of mind. You know you will have planned ahead and your wishes will be honored. You also will alleviate stress for your loved ones in a difficult time.