I joke about estate planning because I want it to feel lessintimidating. I even give every client a humorous End-of-Life Planner becausesometimes laughter makes it easier to talk about hard things.
But there's one part that isn't funny.
Almost every week, someone calls me hoping to help a parent,grandparent, or spouse who has developed dementia or can no longer understandwhat's happening around them.
Their question is usually:
"Can we still do a will?"
"Can we put the house in a trust?"
"Can they just sign this deed?"
My heart sinks every time.
The law requires that a person understand what they'resigning. If someone no longer has the mental capacity to make informeddecisions, they generally cannot legally sign a will, trust, deed, power ofattorney, or many other estate planning documents.
By then, the options are often far more limited, moreexpensive, and much more stressful for the family.
Estate planning isn't just something you do before youdie.
It's something you do while you're still able to make your own decisions.
If you're reading this and thinking, "I've beenmeaning to get around to it..." this is your gentle reminder.
Don't wait for a crisis.
Let's make a plan while you're still the one callingthe shots.
If you have an estate planning question you'd like me toanswer in a future episode, leave it in the comments. No question is too basic.
Educational information only—not legal advice. Every estateplan should be tailored to your individual circumstances.
I’ve been in law practice 21 years and am available to helpyou design an estate plan (wills and trusts) to suit your goals and budget. Imake it EASY! Meetings via zoom and in your home are available. Consults arefree. Message me or call 603-329-5200. Text: 603-300-0219. (And yes I’m stillgiving away those sassy end of life planners!)
© 2023 Marie N Sapienza