27 Dec The Best Resolution this New Year: Peace of Mind for Yourself and Your Loved Ones
Let’s face it, New Year’s resolutions come and go: weight loss, money management, organization, what are your favorite repeated Resolutions?
But, what if you could carry through on a Resolution that gives your entire family tree Peace of Mind? Creating your estate plan is simple, removes a lot of stress, is the only way to be sure your wishes are carried out and is significantly less expensive than the alternative: Probate.
Probate is the real family dynamic to be avoided. It is way more expensive than creating a plan. It is public – often referred as airing all your dirty laundry. It leaves the state in control through the court system. Probate often results in “the claws coming out”, and has been known to ruin family relationships for life, and sometimes generations.
All of these potentialities can be avoided by working with a qualified estate planning attorney to complete the documents necessary to put your wishes in place.
The turning of the calendar to a New Year is a time fraught with emotion: the turning of a new leaf, planning to really accomplish one’s life goals, and the stress of the perfect celebration, are just a few of the processes common to us all. The end of one year and the start of a new one, and also often the fiscal year, brings additional strain to the office, as well.
Studies have actually shown that we Americans have a greater chance of dying during the holiday season, including New Year’s, than at any other time of the year. (1) Nearly everyone to whom I’ve mentioned this fact recalls a family member who passed away during this time of year.
While the causes of this phenomenon are not entirely certain, the spike in deaths goes across all age groups except for one: children. Our little ones are significantly less affected by the stress of the holidays. One theory is that it is the additional stress, trepidation, and even depression brought on by the holidays that causes more deaths during this part of the year.
But what of Peace of Mind? Each of us can fertilize and strengthen our family tree, rather than engulfing it in flames like Yoda did the Uneti Force Tree of the Jedi Temple in the movie The Last Jedi. The simple way of showing your love to those you treasure is to engage in the simple loving act of Estate Planning. While 95% of all Americans need Estate Planning, statics show that only about 15% of Americans have a current and accurate plan in effect for their families.
Through such instruments as trusts, wills, powers of attorney, and enhanced life estate deeds, Rock Solid Law is able to engage with clients to craft a plan specifically molded to the desires of each individual client. By setting forth your Estate Plan, you avoid the scenario where a disenchanted child (or another heir) causes strife within your family after you’re gone. This simple step has the effect of allowing your family to revel in your loving legacy and ensures that your wishes are honored.
By completing your planning as a New Year’s Resolution, you will remove stress from your own life and from all of those in your family tree. Additionally, you may gain personal relief to alter the statistics just enough so that you will have a beautiful and happy New Year. You will be giving Peace of Mind to yourself, and all you love.