writing "a plan" on paper

New Year’s Estate Planning Resolutions: Getting Smart About Your Future

As the New Year unfolds, many of us embark on the journey of resolutions, often centered around health and lifestyle changes. However, there’s one resolution that might not be on everyone’s radar but is equally crucial – estate planning. While it may not have the glamour of shedding a few pounds or giving up donuts, estate planning is an essential commitment that ensures control, security, and peace of mind for you and your loved ones. So, as you watch the ball drop in Times Square, consider jotting down some estate planning resolutions to safeguard your future. After all, with gyms flooded by New Year resolutionists, why not channel your energy into securing your legacy?

Get Smart: Control Over Your Future Remember Maxwell Smart’s catchphrase from secret agent fame? “It’s all about CONTROL.” Estate planning is about taking control of your life and preparing for the inevitable challenges that come with aging, health issues, and unforeseen circumstances. Instead of associating estate planning with morbid thoughts of death, view it as a holistic strategy for life. Whether you’re a part of Gen Z aiming to retire before 65 or navigating the various stages of life, estate planning encompasses more than just distributing assets after death.

Estate planning should be an integral part of your journey, addressing life events such as retirement, illness, disability, raising young kids, and funding education. Considering that 43% of Gen Z’ers aspire to retire before 65, it’s clear that estate planning is not exclusive to the older generation. It’s a vital tool for achieving early retirement dreams and safeguarding your financial future.

writing "a plan" on paper

Planning for Life, Not Just Death:

Reframe your perspective on estate planning by recognizing its role in shaping your life, not just managing the aftermath of your passing. It involves strategic planning for retirement, comprehensive insurance coverage, and addressing various life stages. For those aspiring to retire early, disability and life insurance become indispensable components of a robust financial plan. These tools serve as a safety net, providing financial stability in the face of unexpected health issues or the loss of a loved one.

As you embark on the journey of the New Year, consider making estate planning a priority. It’s not just about drafting a will; it’s about securing your future, controlling your destiny, and ensuring the well-being of your loved ones. So, while others hit the gym for their resolutions, be the trailblazer who takes charge of their legacy. Get smart, get proactive, and get on the estate planning bandwagon now – your future self will thank you.

Cannon Legal Firm offers Estate Planning mediation, along with other practice areas. Cannon Legal Firm is dedicated to helping you with your Estate and Trust Planning, Administration, Mediation, and Litigation matters. The legal process can be overwhelming and exhausting. Attorney Dana Cannon of Cannon Legal Firm is here to guide you through the core process of estate and trust planning, administration, and litigation issues and take some of the burdens off your shoulders so you can focus on what matters to you. Contact us now for a no-obligation consultation. 

“My passion and drive to help clients stem from my personal experience with a family dispute involving my grandmother. I know firsthand the emotional toll a legal dispute involving a loved one can take on a family.

“It is my objective to ensure that my clients are well-informed every step of the way, confident that their rights are being protected, and that all parties involved are treated with respect.” 

-Atty Dana Cannon