Facing the potential end of their lives can be very challenging for some. It isn't something that they want to focus on. However, if they engage in estate planning early, it can actually provide a sense of comfort because they'll know that their future and the future of their descendants is taken care of. A Certified Financial Planner offered advice to those who want to get started. She began by underlining how important it is to get things started while someone is still sharp and competent.
It is sometimes easy to handle estate planning when there are children to whom wealth and assets can be given, but those who do not have these children are stuck with some interesting questions about what to do with their money. Should they give it to their friends or perhaps to the college that they attended? They also have to wonder who is going to make sure that everything is done according to their wishes.