Why you must do estate planning without any delay.
So, don’t be one of those who make such a mistake and never do estate planning. This is a big mistake. First, having a car, a home, or even life insurance can be part of your estate. I tell my clients to think of their loved ones as part of their “estate.” In what way would you like them to live their lives? Second, if this money is meant to be passed down to your grandchildren, how can they use that money to remember you and your values? Third, if you don’t have a will or a named beneficiary, the probate process could be a living hell for your family and friends.
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