ESTATE PLANNING ISN’T just for rich people; it’s an opportunity for people of any age to control who will inherit their money and property, and to decide who can make medical and financial decisions on their behalf if they’re unable to do so themselves. You need to make a lot of estate-planning decisions when you get older, but even young people just starting out should have some key documents to make their wishes known if anything happens to them. And the coronavirus pandemic is making more people realize the importance of being prepared for the unexpected at any age.

“The pandemic has heightened public awareness of how important it is to think these things through,” says Bernard A. Krooks, founding partner of the law firm Littman Krooks LLP in New York City. “This gives you the ability to control who makes these decisions – not only with the documents, but also talking to the person you give the authority to about your wishes. If something happens, you can save your family a lot of heartache.” Read More..