Not only are there a lot of changes going on in our world right now, but most of the changes are coming swiftly! Basically, there are only a very few things we can be certain of in this life: The Word of God, changes taking place (sometimes swiftly) and death. There is also so much uncertainty right now about the future. Should I invest in stocks, gold, Bitcoin, real estate, a personal business or just leave it in the bank? Will my job or business be viable a year from now? I think it is a pretty good guess to assume that we will see many swift changes between now and the election in November. How many things will be quickly changing right after the election?
As an attorney handling numerous court cases, I love the fact that the courts are now encouraging most court appearances to be done over the phone. The bad news is that the probate courts (where most of my cases are) just recently opened after being closed for nearly four months and there is a big backlog of cases and hearings. Probate cases normally took a year to resolve. Now it might take as long as 18 months. That is another reason to try to avoid a probate case. On top of the high cost, now it will take more time even for the seasoned probate attorneys to complete the process.
One of the best ways to be able to adjust to the swift changes that could affect your life and finances is to react to the changes appropriately. In most cases that means making the right move or decision in a timely fashion. In terms of your estate plan, it is best to have a written estate plan and to verify your beneficiaries on insurance, bank, and other accounts. Having a plan in place will at least make sure that one of the cornerstones of your foundation is secure.
© 2020 by Marlene S. Cooper. All rights reserved.
(You may obtain further information at the website www.marlenecooperlaw.com, by e-mail at MarleneCooperLaw@gmail.com, by phone at (626) 791-7530 or toll free at (866) 702-7600. The information in this article is of a general nature and not intended as legal advice. Seek the advice of an attorney before acting or relying upon any information in this article).