Sheltering in place during the Covid-19 pandemic has left many of us with time to think. As news outlets keep an anxious tally of each day’s deaths and new infections, it is natural to consider how well prepared we are for the unexpected.
What would happen if I got sick? Who would have the right to take care of me? If the end came suddenly, how would my final arrangements be handled? Who would inherit my assets and settle my estate?
These are difficult questions to grapple with under the best of circumstances. In the midst of a global health crisis, they take on a new sense of urgency. Preparing an estate plan is your opportunity to answer these questions decisively—and to enjoy the peace of mind that comes from knowing that you’re ready for whatever lies ahead.
Fortunately, in some ways it’s now easier than ever to work with a lawyer and have your planning paperwork drawn up. Here are three new options to be aware of during this difficult time.