Byproduct of the Pandemic: A New Interest in Estate Planning

By Burton A. Brown

In the last three years of putting on a dinner seminar on Estate Planning several times each year, the 30 to 55 age group has generally felt that as long as they were healthy, they did not need an Estate Plan. This group, when asked, usually said they wanted to put off estate planning until they were older or were in somewhat poor health.

Fast forward to today in the new normal within the COVID-19 Pandemic, and the mindset has changed for this age group. This is especially true during the latest string of new cases having appeared in younger adults. The 30- to 55-year-olds are now very interested in Estate Planning and now call several times a week to get an Estate Plan done. This is especially true if that person has children.

The pandemic has taught everyone, regardless of age group, that a virus does not discriminate or pick and choose who it will affect. This age group’s thinking of themselves as invincible or immune to poor health has changed to a desire to be protected against anything that may happen. I always stress to be prepared for the worst and the unexpected as best as you can.

An Estate Plan is not just for the individual—it is for his or her spouse or partner, for his or her children, and for his or her family. We at the Law Offices of Burton A. Brown always recommend doing an Estate Plan as early as possible since having a plan already in place gives the person a much better chance of being able to pick where and to whom their assets go. This pandemic has affected countless families in a significantly negative way; do not let it affect your family more than it already has. Call for your consultation and appointment today.

For more information and to schedule an appointment at our Loop or St. Charles office call (312) 236-5582 or email me at babrown@burtonabrown.com.

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