South Carolina estate planning lawyers are always going to point out the fact that it is important for people of all ages to have an estate plan in place.
There are those who know that they should execute the appropriate estate planning documents who fail to act because they feel as though they are not going to be passing away anytime soon. The truth is that no invitations are going to be sent out by the Grim Reaper as it were, and if you are paying attention you will see that people of all ages pass away every day.
As a case in point, look no further than the recent death of the singer Whitney Houston. She passed away in Southern California at the age of 48, and of course she will be sorely missed by her fans and the entertainment community as a whole.
Though the precise details of the way that Whitney Houston planned her estate are not available at the present time, she had one daughter named Bobbi and observers believe that she will be the primary heir to the Houston fortune.
Whitney Houston was extremely popular at one point, so she was financially successful but her legacy is going to be growing by leaps and bounds.
The public becomes very interested in the work of artists who pass away, and there has already been a rush to purchase Whitney Houston’s music once again. Analysts anticipate the value of the Houston estate to skyrocket in the coming months as has been the case with others such as Michael Jackson.
The lesson to be learned from this is that you never know what the future holds and if you go through life without an estate plan you are putting your family members at risk.