I came across an interesting article in Forbes that I would like to recommend to you with regard to estate planning for women. The article, Nice Girls Talk About Estate Planning, states, “Among Americans 65 and older, 42% of women, but just 14% of men are widowed. Women’s longer life expectancy, combined with their tendency to marry older mates and their lower lifetime earnings means they are far more likely to see their living standards compromised in retirement if proper estate planning isn’t done”.
If you have been considering getting started on your estate planning and have been concerned about how to bring up the subject with family members, this article presents some practical ways to have discussions about estate planning with spouses, partners, adult children, and parents.
* The information contained in this Blog is intended for general information and educational purposes only and does not constitute legal advice or an opinion of counsel.