Don't put off estate planning another year

Don't put off estate planning another year

It was my recent fall - documented extensively in previous columns - that compelled me to suggest to my husband that we review our estate plan. I guess I needed to remind myself that I am not immortal, and I wanted to be sure that our plan fits our current circumstances.

In these past few years, COVID has increased Americans’ awareness of the need to have a will, living trust or living will.  According to a 2022 survey, people who have had a serious case of Covid said they were 66% more likely to engage in estate planning compared to those who had not.

However, that same survey found that 67% of Americans still have no estate plan.