Demand for trust based planning is up this Spring as empty nesters feel they must complete their estate plans before heading off on the trip of a lifetime to Europe and other far off places. Normally, these empty nesters ready to travel do not start making appointments until late summer or early fall. This year the rush has already started even though the prime travel season is in the fall once families with children head back to school.
Earlier in my career couples scrambled to get their wills completed before heading off on their family vacations. Our office is more than happy to accommodate travelers as the trip provides motivation to finish their estate plans. However, as a pilot I know the odds of being involved in an airline accident are much less likely than all the other dangers facing a family in their day to day lives. The trip provides the motivation to tackle the postponed task of finishing your estate plan.
If you have been putting off revising that old will, now is the time to act. A new estate plan that reflects the changes in your life as children grow up, grandchildren arrive, and wealth increases will give you the same peace of mind that travelers have before heading off to Italy, Spain, or France. Be prepared and you may decide to join our contest for the most exciting trip of the year.