Resolve to Plan Your Estate in 2016

We have now entered 2016, and people often take care of things that they have been procrastinating about when they experience a sense of renewal as the calendar turns over. This is a spirit that you may want to extend to the process of estate planning. When you examine the statistics that are compiled regarding the estate planning preparedness of American adults, the results are somewhat mind-boggling when you consider the stakes that are involved. According to an article that is published on, 51 percent of American adults who are between the ages of 55 and 64 have never created last wills. Just 38 percent of people who are between 45 and 54 have drafted last wills. All in all, 64 percent of American adults are going through life without last wills according to the article. Intestacy If you never plan your estate, you will die intestate. After your passing the probate court would step in, and the court would name a personal representative to act as the estate administrator.


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