The Importance of Estate Planning
Let me start by asking you a really personal question.
Do you have a will?
If you have children, there is a good chance you have at least done some basic estate planning. This usually involves answering the following questions:
- Who will gain custody of your children in the event that something happens to both you and your spouse?
- How will your children be provided for once you are gone?
- Who will make important decisions regarding your estate?
- What will happen to any possessions you own?
Though none of us really likes to plan for our death, the truth is that it will happen to all of us one day. Therefore, it is to our advantage to plan well.
If you live in the Texas Hill Country right now, you’re aware of the fact that we’re in the heart of bluebonnet season. This time of year it’s not uncommon to see families taking pictures in the bluebonnets along the side of the road or to encounter random patches of bluebonnets growing on otherwise perfectly manicured lawns. People have even been known to travel great distances just for the chance to catch a glimpse of this blue beauty.
Do you ever feel like you work hard to give your kids everything they could ever want or need, but somehow they don’t seem to appreciate it?
If we’re honest, I would venture to guess that a majority of us have felt like this at one point or another. We sacrifice our time, our health, and sometimes even our families themselves, yet it never seems to be enough. We run ourselves ragged and come away with nothing to show for it. This leaves us frustrated and unfulfilled and also leads to discord in our families.