Estate Planning

It is never too early to let your loved ones know your wishes.

What are your wishes?

I have always avoided the topic of estate planning. Initially, I thought I was alone in this realm. However, I quickly learned that most people do not want to discuss issues pertaining to their death. It’s only natural, estate planning is inherently a morbid topic.

There are even famous and wealthy individuals who never bothered to write their wishes on paper. One recurring comment that I run into is the following: “the people who are left behind will take care of the problem.”

I am now getting to a point in my life where I strongly believe that such a notion is irresponsible. COVID-19 has made this point more salient. We really do not have an infinite amount of time on this earth. Neither can we trust that we will have all our faculties till the end. Time might run out.

Wouldn’t it be liberating to know we have done our part? We have an opportunity to make sure that we have put in place a process that ensures that our loved ones are taken care off, don’t have to pay exorbitant income taxes, and don’t need to guess our wishes.

Armah Financial offers estate planning in CT. If you live elsewhere and have chanced upon this page, don’t feel excluded! We would love to get on a video call to discuss your estate or other financial planning needs. Contact us today!