having a will

The Importance of Having a Will

In last week’s article, we discussed the importance of having a will. I shared survey statistics on who has a will. As expected, a person 50 or older is more likely to have a will than a younger person who believes they are going to live until their 80s or 90s. For this younger age group, the belief is having a will isn’t necessary until much later in life. And besides, creating a will is just not one of those fun activities you joyfully add to your to-do list.

I personally experienced how important having a will is regardless of your age. My nephew, Shayne, died in a house fire at the age of 32 and almost everything in his house was either destroyed by the fire or covered in soot. Not only were we dealing with the grief of losing Shayne, but also the daunting … Read More

make a will

August is National Make-a-Will Month

Most people know they should make a will, but many don’t know what a will is and how it works. A will, sometimes called a “last will and testament,” is a document which states your final wishes. A county court examines your will after your death to ensure your final wishes are carried out.

According to a January 2017 survey by Caring.com, only 42% of U.S. adults have a will or estate planning documents. When broken down by age, 81% of the 72 and older group have these important documents. 60% in the 53 to 71-year-old age group, 36% for the Generation X group (ages 37 to 52), and only 22% of millennials (ages 18-36) have a will or estate planning documents. The significant … Read More

motorcycle safety

May is National Motorcycle Safety Awareness Month!

In honor of Motorcycle Safety Awareness Month, the following is a story about a motorcycle, legal documents and household financials as communicated to me by a dear friend in Texas. In May 2016, her husband and his buddy were on a 5-day motorcycle trip in the Texas Hill Country. On the last day of their trip, as she was working in Houston, the buddy called and said her husband misjudged a curve and veered off the road. He watched in horror as her husband and his bike flipped several times, end over end. The paramedics on scene deemed his injuries life-threatening and … Read More