By Susan M. Graham, Attorney at Law, Senior Edge Legal, Boise, Idaho
There were wolf tracks in the snow by my farm house last week. I have never seen wolf tracks before. They are bigger than a big dog print.
I was excited, and disappointed I missed seeing the wolf. At the same time, I was a little frightened and wondered what would have happened if my dogs were outside when the wolf came by. I would put my money on the wolf.
I really did not need to worry. I have done everything I can to make my farm safe. The buildings are secure. I carry a phone. I have a loaded shot gun. There is little cover for hiding.
I was glad to see the prints, but also glad to be reminded of the need to review whether I am prepared to actually see a wolf at my farm.
How does this relate to estate planning? One of the primary purposes for setting up an estate plan is to make it easy to handle the unexpected bad days of sudden serious illness or death. Usually there is no advance notice and the tragic event just happens. There is less need to worry if a plan is in place to identify who will be making decisions for health and finances, and that plan gives sufficient legal rights to help out. Are you prepared if the wolf comes into your world?
If so, great. If not, take steps now so you don’t have to worry.