If you are thinking about drawing up an estate plan — and if you don’t already have one, you should be — there are several questions you will need to ask yourself, and some of them may make you uncomfortable.
First, you have to start thinking seriously about your own mortality. Or about the possibility of your developing Alzheimer’s. So you may want to think through some of these questions before you meet with your estate planning attorney, as he or she will likely be asking you most of them, says an article in Forbes Magazine.
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1) Who is going to bring up your children if both parents die?
2) What if your whole family dies in a disaster?
3) Are there any major relationships in your life that you have kept secret, such as a mistress?
4) Have you had any of your genetic material frozen?
5) Who will take care of your pets?
6) Are you suffering from any serious or chronic health conditions?
These are just some of the issues you will have to begin thinking about when it comes to drawing up an estate plan. They aren’t easy, but they are necessary. Don’t wait until you are in the office of your estate planning attorney to start thinking about these issues.
