It’ll Never Happen To Me
Your Hosts
Frank E. Hemming, III
Kristen A. Peck, Esq.
November 11, 2023
Hosts: Frank Hemming and Kristen Peck
A new study caught our eye this week with unsettling findings: the number of older Americans doing estate planning is… declining.
The Center for Retirement Research at Boston College found that the share of people over age 70 who have wills and trusts in place dropped from 70% to 63%. Another study by Caring.com found Americans over age 55 completing a will between 2020 and 2023 declined to 46%.
What’s behind these trends? Listen as attorneys Frank Hemming and Kristen Peck share the data and talk about the importance of getting your will, advance directives and other estate planning DONE.
Procrastination isn’t only a trend for older adults. Frank and Kristen will address the need for people with certain professions to plan. First responders such as firefighters, EMTs, police and healthcare workers are on the front lines protecting us, but all adults – and especially those in high-risk careers – should make their wishes known for legal, financial and healthcare decision-making before a crisis arises.
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