The reasons for not prioritizing your estate planning range from a reluctance to think about one’s mortality, to being young and healthy and thinking you have “plenty of time”, to a belief that your assets are limited and straightforward and that a Will is therefore unnecessary. However, the reality is that every adult, regardless of their age, health, and financial situation should have a basic estate plan.
We used to think that life’s hardest challenges meant dealing with the illness or death of a loved one or with a separation or divorce. Now, we need to add living during a pandemic to that list. And what is unique about it, is that it is a state of crisis that we are all dealing with collectively.
It is often said that the only real winner in a divorce is the lawyer because of the ballooning legal fees in litigated divorces. There are multiple options to choose from when proceeding with a divorce, yet most couples believe they must head straight to court.