Estate Planning as a Career

Stop what you’re doing right now for five minutes, and think about your present life style, your take home pay, your investments (if you have any), your family, and your age. With your life style and your present pay can you guarantee an inheritance for your family when you’re gone? You might think that you are still young and dying early is not your portion. But that could be far from reality. Moreover, you don’t have to be old and close to the grave before you start planning for what to leave for your loved ones. Your life style and your present take home pay will determine the kind of inheritance you will leave for your family. Will they be secured financially or be in debts when you’re gone?

You really don’t have to be rich to be able to leave an inheritance. Did you know that if you start putting N500 (for Nigerians) or $3 (for my foreign brothers) aside now for that unborn baby or that toddler, before the child grows old enough to start schooling you would have been able to save enough for him to attend one of the best schools around?

The reason why most people can’t afford a comfortable life for their families is not because of their poor earnings or because they couldn’t afford an education. It is because they didn’t start planning early. Most wasted their youthful years. There are a lot of young men and women without goals and dreams. Some of these ones will get old and still find themselves in one room with their family.

Do not let your present situation rub you of a comfortable life with your family. If you do, your kids will never forgive you. You don’t have to be a graduate to turn out successful. And if you are privileged to be a graduate, do not let someone control your check. You are a graduate does mean you must work in an office. There are lots of unemployed graduates laying about doing nothing, waiting for that (more…)