Sep 27 2013

It’s Never Too Soon To Start Planning

You can never be too prepared when it comes to the long-term planning of your health and well-being. Knowledge is power, and it’s critical today to arm yourself with the tools you need to have control of your healthcare wishes. But don’t take our word for it.

Two recent pieces by estate planning experts – one in Forbes magazine and another in the Foothills Focus, an Arizona weekly community newspaper – offer largely the same advice: Planning is for everyone, not just the wealthy or elderly, and it's never too early to start. As Liz Davidson writes in Forbes:

When you hear the term “estate planning” what do you think of? If you’re like manypeople, the words bring up images of wealthy, older individuals with yachts, mansions, and high-priced attorneys. But estate planning is really something we all need, no matter our age or level of wealth. After all, it’s really about making crucial decisions now before we get to a point where we can no longer make them.

And they both agree that advance medical directives are an important part of any plan for your future. As financial advisor Noah Kendrick relays in The Foothills Focus:

As they say, expect the unexpected. Establish a power of attorney and a health care directive while still physically and mentally stable.

A perfect place to start is MyDirectives.

It’s refreshing to know that these conversations are being highlighted across the country, not only in publications with national or global reach, but in smaller community outlets as well. We hope that articles like these can serve as conversation starters for those interested in discussing advance directives with their loved ones. Conversations about your care ensure your doctor knows what medical treatment you’d like and it helps alleviate the burden on those you love when they may need to step in and help.

It’s heartening to see financial planning professionals agree that advance medical directives are a necessary tool that everyone should take advantage of. Having an advance directive available anytime, anywhere helps not only you, but also your family and friends. It’s never too early to start planning for the future.

Photo courtesy plindberg (Creative Commons).

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