Each year, the third week of October is recognized as National Estate Planning Awareness Week, a reminder of how important it is to have a plan in place for the future. Yet, according to recent studies, more than half of Americans don’t have a will or any form of estate plan. For many, the topic feels overwhelming, complicated, or something to “get to later.” But the truth is, estate planning isn’t just for the wealthy or the elderly, it’s for everyone who cares about protecting their loved ones, their assets, and their wishes.

What Is Estate Planning Awareness Week?

In 2008, Congress designated Estate Planning Awareness Week to help Americans understand the importance of planning for the unexpected. The goal is to encourage individuals and families to take proactive steps in organizing their financial and legal affairs before a crisis happens.

Why Estate Planning Is So Important

Estate planning is about more than just distributing assets after death. It’s about control, clarity, and care. A well-designed estate plan can:

• ✅ Ensure your assets are transferred according to your wishes.

• ✅ Protect your family from unnecessary stress, costs, and court delays.

• ✅ Provide guidance for healthcare and financial decisions if you become incapacitated.

• ✅ Safeguard minor children with clear guardianship instructions.

• ✅ Minimize taxes and preserve wealth for future generations.

Without a plan, these important decisions may be left to the courts and that often leads to confusion, conflict, and costly outcomes.

Common Myths About Estate Planning

Myth #1: “I don’t have enough assets to need a plan.”
Even a modest estate needs protection. A simple plan ensures that what you do have, your home, savings, or family heirlooms, is handled the way you want.

Myth #2: “I’m too young to worry about that.”
Accidents and unexpected illness can happen at any age. Planning early provides peace of mind and can always be updated as life changes.

Myth #3: “A will is enough.”
A will is important, but it’s only one part of a comprehensive plan. Powers of attorney, healthcare directives, and trusts can provide added protection during your lifetime and beyond.

How to Get Started

Estate planning doesn’t have to be intimidating. The key is to start with a conversation. An experienced estate planning attorney, such as the Davis Schilken, PC team, can help you:

• Evaluate your current situation and goals

• Design a plan that fits your family’s unique needs

• Review and update your plan as life evolves

Take Action This Week

During Estate Planning Awareness Week, take a moment to ask yourself if something happened tomorrow, would my family know what to do?

If the answer is uncertain, now is the perfect time to act. The peace of mind that comes with having a clear plan in place is truly priceless.

We’re Here to Help
At Davis Schilken, we’re passionate about helping families protect what matters most. Whether you’re just getting started or need to update your plan, our team makes the process simple and stress-free.

📞 Call us at (303) 670-9855 to schedule your complimentary consultation.