CBS Boston: Catastrophes happen! Natural disasters! Accidents. Illness! Old age.
No one gets out of this world alive, but we can plan to make it easier on those we leave behind. If you have accumulated assets or you have minor children you need to do some estate planning. The more complicated your life the more complicated your planning needs to be.
Experts estimate that less than 35% of individuals have wills. This is one thing people procrastinate about, especially parents with young children. 75% of parents with young children have not done the estate planning that could keep their children safe if something should happen to the parents. The parents need a will naming guardians for their children if something should happen to them.