There is nothing in life as certain as death and taxes. Attributed to Benjamin Franklin for putting this truth of life into plain text for all to remember, there is certainly no truer statement about life. Life is at best, unpredictable and no one can blame a person for spending most of their lives, avoiding the topic of their death or the passing of someone they love. It is undeniable that of all the things in life that we wish to spend time worrying about, death does not make the top of the list. Yet if you think about how much time and energy goes into protecting life, it makes sense that equal energy should be affording to the loss of life. The cost of life is high. Medical services and insurances are perpetually increasing in costs. Taking steps to finance yourself in your retirement years is expensive but must be planned in advance otherwise the rising costs of inflation will stifle your options. As you age and finally reach retirement age, not everyone has the luxury of having had the chance to set themselves up to afford their own lives in their later years, once retirement age has been reached.
What happens to older folk as they age? True that the costs of child raising should drop as your children become independent and begin to have jobs of their own. The cost of educating your children falls away as they begin to set themselves up in life to be able to independently afford their own lifestyles and families. Older folks may choose to downsize their homes, cars and other aspects of their lives which may have previously been necessary.
The picture that is given to us of our golden years of retirement, is one of restful afternoon naps and travelling abroad to sun filled countries. But what if, as in life, the unexpected happens? How do you account for the unaccountable? The only way to do that is to expect the unexpected. And when it comes to your passing, or old age, the best thing that you can do as a young person, is speak to people who are experts in this area, someone who can fore-see the unforeseen and help you plan for it.
There are things that are vital for a young person to do in order to prepare in order to protect the ones around them from unexpected financial problems caused from your passing. The first and most important thing to do is to prepare a Will. Lodge Brothers Bedfont Wills, Lodge Brothers Brentford Wills and Lodge Brothers Burpham Wills have expert attorneys who can assist with this vital and final document.
When someone dies without a Will, the issues can be numerous and unpredictable. Life is complicated, so preparing a Will helps to ensure that your passing doesn’t complicate the lives of those closest to you. Having a Will not only allows you to advise on things such as how and where you would like to be buried, who will receive your possessions and to what degree, it also takes the strain off the lives of those around you… by choosing an attorney to help with your affairs before it is too late, you ease the strain on your family members significantly. If this is how you envisage things happening at the end of your life, contact Lodge Brothers would be the first step in ensuring this.