There are many different reasons why some people may push off estate planning, whether they think that they are too young, or they do not think they are ready for a will or a trust because their financial circumstances will change considerably in the near future. Some people postpone estate planning due to stress, and there are many reasons why people become stressed out, especially in regard to estate planning. For example, someone may have anxiety about working with a legal professional or even approaching the thought of passing away.
If you are in the process of getting a divorce in Indiana, you may feel overwhelmed at the number of things you must take care of. Certainly, a divorce touches every aspect of your life. One thing you should give some attention to during this process is your estate plan. Some elements of an estate plan may be able to be changed as soon as you separate but others may have to wait until your divorce is finalized.
The role of executor is an honor and a heavy responsibility. As an executor, you will be responsible for handling all the deceased’s remaining financial concerns. It is understandable that you are stressed and concerned about how to do this faithfully and accurately.