"For my first decade as a mom, any time my husband and I got in the car to travel somewhere together without our sons, my brain played a recurring horror movie: we died in a terrible car crash, leaving behind a giant mess. It wasn't just fear; it was a reminder that without a plan, everything we cared about could be thrown into chaos."
"We don't own yachts, second properties, or any other markers of significant wealth. What we did have at the time were two teenage kids and a deep worry about what would happen if my husband and I both died before our sons were old enough to manage an inheritance - even if they weren't inheriting millions. We quickly realized estate planning isn't just for the wealthy."
After adopting two sons, persistent worry about dying and leaving chaos prompted estate planning. Initial conversations about guardianship and finances were postponed amid daily life and parenting demands. The pandemic created time to confront mortality and enabled a virtual meeting with an attorney. The couple completed estate planning to ensure care for their children and to prevent courts or extended family from making difficult decisions. Estate planning proved relevant even without significant wealth because guardianship, asset management, and minimizing family stress required formal plans.
Read at Business Insider
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