The importance of the present was the topic of a recent Wall Street Journal article, aptly titled, "Speak for Yourself, While You Can."
What are some of the most important issues to discuss? Start by communicating our wishes about health care, end-of-life choices, and funeral preferences. Be sure to address your finances, any plans you have made to finance long-term nursing care (like insurance policies, etc.), and what to do about the family home.
Despite our natural reluctance to talk about these matters, now is simply the best time to actually lay out your plans and discuss them with your family. Open communication and your personal guidance can often avoid future family squabbles (and enriching estate litigation attorneys).
So ask yourself this – what is so important to you that it simply cannot wait?
Reference: The Wall Street Journal (August 11, 2012) "Speak for Yourself, While You Can"