Estate planning takes a front seat following terrorist attacks.
We all know we should prepare for the worst, but writing a will and buying life insurance are easily put off. Obviously, the events of last week are a sharp reminder that planning for death should not be postponed merely because one enjoys good health, works in a safe environment, and expects to be around for decades. According to estate-planning experts, most important are provisions for the children should both parents pass away. A lot of times, that holds people up because they can t decide between this side or the other side - between the husband s family or the wife s. If there is no will designating a guardian, a state court will decide who will rear the children, said Weinberg, treasurer of the Philadelphia Estate Planning Council.