The State of San Diego Estate Planning: Most Lack A Will, Trust, or Health Care Directive
If San Diego estate planning is anything like the rest of the nation, it is in pretty bad shape. The National Association of Estate Planners & Councils has planned the third week of October for a National Estate Planning Awareness week. The reasons for the promotion?
- 70% of Americans do not have a basic will - those that have a will fail to keep it updated.
- 79% do not have a living trust
- 69% do not have a living will or advance healthcare directive
Surprisingly, up to 74% of parents do not have a last will and testament, and cite choosing a guardian as a deterrent.
The council is preparing promotional materials for local affiliates to hold presentations for the public. You can find updates at the council’s website. Thanks to the PA Elder Blog for bringing this story to my attention. As of right now, the website for the local San Diego chapter is down, check back here for updates.
Filed under: Current Events, Estate Planning - Generally, Powers of Attorney and Living Wills, San Diego Estate Planning, Trusts, Wills, Wills and Trusts