No one likes to think about their own death, and it's natural to assume you'll always have time for estate planning later, especially if you're younger. There's a common misconception that only the elderly or those with a lot of assets need to plan their estates. However, this couldn't be further from the truth. 

The experienced attorneys at Woodlawn Law Offices, based in O'Fallon, MO, would like to explain why everyone needs to tackle estate planning as soon as possible:

• Verbal Wishes Are Not Legally Enforceable: Even if you only own a car, have a small savings, or emotionally valuable possessions you want to pass on, you should at least write a will to ensure your property goes to the people you choose. Otherwise, the state will distribute what you have according to a formula that doesn't take into account the relationships you built during your life. 
• Your Loved Ones Will Be Cared For: A life insurance policy is an important part of any comprehensive estate plan. If you have children, elderly parents, or anyone who relies on you for material support, your life insurance policy can help you meet those financial obligations even after you're gone. 
• Accidents Are Unpredictable: No one knows when a sudden injury or illness will render them incapable of making their own decisions or handling their affairs. Your estate planning attorney will prepare an advanced medical directive and durable powers of attorney, empowering your loved ones to handle these delicate affairs when you're incapacitated.

For over a quarter century, the Woodlawn Law Offices has helped people throughout the O'Fallon area get their affairs in order. Whether you have a small estate or incredibly complex investments, they will make sure you're prepared for whatever comes your way. Learn more about their reputation for excellence online, or call (636) 240-6667 for an appointment today.