Pause and Effect (No, it wasn’t a typo) Father Victor

You know about the law of cause and effect. But have you considered the results of inaction? What's the effect of an inappropriate pause? Take, for example, your last will and testament. What happens if you delay the process of planning your estate and finalizing your will? First, a protracted pause guarantees that state law will dictate the disposition of your estate. A court-appointed administrator will handle the probate of your estate. A stranger may be selected to care for your minor children. Bequests to organizations like your church will not be made. Second, forever pausing to complete your will may cause loved ones unnecessary turmoil after you're gone. They will be grieving, and it will only add to their suffering to face the uncertainties and complications involving your estate. They will be left to the mercy of the court regarding timing and decision making. They may have to stand by and see your estate disbursed in ways they know you would not approve. Family arguments may erupt. Third, chronic pausing may needlessly reduce the size of your estate. Court costs and other settlement fees can be expensive. Assets may be prematurely sold resulting in unnecessary loss. The estate may also shrink through estate taxes that could have been avoided or lessened with earlier planning. The best time to avoid the "law" of pause and effect regarding estate planning is to act now. Initiate the cause by contacting an estate planning attorney today. Establish an appointment and then get ready to make the most of your meeting. We have complimentary material to help you prepare for your visit with your attorney. Call the Rector Back