If estate planning is something you plan to do now or in the near future, there are many facets to the process that you should be aware of. Some individuals give little thought to their end-of-life plans beyond simply planning to write a will when they get around to it. Estate planning allows you to be much more specific in your wishes with regards to assets and decisions about your legacy.
Now more than ever before it is important to do more than simply plan for your retirement. The bare minimums and so-called ideal numbers rarely take into consideration the full, long lifespans that many people are living today. Retirement is often viewed as the absolute final stage of your life without thought given to the variety of changes that can and often do occur in your elder years. Here are three reasons why you should rethink your perfect retirement plan.
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