The Importance of Estate Planning, No Matter Your Age

It’s easy to fall into the trap of thinking you don’t need an estate plan when you’re young or even middle-aged. You have a lot on your mind: finding your passion, making a career change, perhaps growing your family, investing in your education, and planning for the future. Estate planning may even be the last thing on your mind. When you’re young, it’s difficult to imagine anything bad happening to you. If it does, you believe it will happen much later down the line.

Unfortunately, this is not always the case and we have to live with the very real possibility of our own mental incapacity or death, which could occur at any time. Estate planning plays an equal part in planning for the future and protecting our loved ones when the worst happens.

Why Do I Need an Estate Plan Now?

Without an estate plan, a probate court in Ohio will decide how your assets will be divided. This is something you want to avoid for the sake of those you care about. The court process can be lengthy, and it can take a while to dispense even simple estates. Probate can also take money from your assets that should be going directly to your family instead. Anything could happen to you at any age, and when the worst occurs you don’t want them to experience additional strug