The diagnosis is devastating. You never expected the doctor to come back to tell you that you had cancer. You are too young and too busy to be a cancer patient. As much as you want your life to continue on as it did before the doctor told you of your diagnosis, you know that it can’t. You know that everything has changed. Instead of going to work you are going to chemotherapy appointments. Instead of going out with your friends or your kids, you are resting at home. You don’t need any more obligations or anything else put on your to-do list, but the benefits of creating an estate plan may be too important to ignore.
Creating an Estate Plan Is About Planning for the Future. It Is Not About Admitting Defeat
If you decide to create an estate plan—it does not mean that you are giving up and planning for your death. Instead, there are three significant advantages to creating an estate plan after you have been diagnosed with cancer and none of them have to do with death. Specifically, an estate plan can:
- Allow you to name a health care proxy. A health care proxy can make health care decisions for you if you are incapacitated and unable to make these decisions by yourself.
- Allow you to name a power of attorney. A power of attorney will have the legal authority to handle your finances for you if you are incapacitated and unable to do so yourself.
- Allow you peace of mind while you are living. You can go to sleep at night knowing that your children, your family, your loved ones, and even your favorite charities will be taken care of if anything should happen to you because of the cancer, or for any other reason.
Every adult—with or without cancer—should have an estate plan for the reasons listed above. You are not different because you have been diagnosed with cancer.
Get Started Today
If you are ready to learn more about creating a comprehensive estate plan then we encourage you to read our FREE brochure, The Ten Things You Must Know Before Creating (or Amending) Your Will or Trust , and to contact us directly for more information.