Question: When is the best time of year to focus on my estate planning?
Answer: My first answer is: the moment you think about getting a Will or Trust, just pick up the phone. Simply call a lawyer for an appointment. Even if it is a weekend or evening. Leave a message for an appointment.
Starting the process is the hard part, which many folks needlessly put off. Estate planning is one of those things we all need. Doing it later, may not be an option – so take care of it now.
Generally, though, summer offers an additional opportunity. Many estate planning attorneys practice real estate law, as well. July and August are notoriously slower months for real estate transactions. This gives the lawyer much more mental freedom and availability to work with you and your family.
With longer days and no school, summer offers additional time to meet with your adult children. Some folks like to meet with the entire family, when crafting estate plans which protect against nursing home costs. Adult children are so often tied up with sport practices during the evenings of the school year. Summer is as a good to knock estate planning off your to do list.