When it comes to planning for financial purposes, most Spiritual Laws of Money Review people know they need it, and yet still don't take action to do it. A great example of this is with estate planning. Nobody wants to think about dying, let alone prepare for it. Those who do prepare make things so much easier on the loved ones they leave behind. One such person was a good friend and client of mine. George (not his real name) was a physician. He and his wife lived very happily for many, many years.
George's wife, Mary, was the nurse in his doctor's office. George and Mary loved each other very much. They loved to work together, dine out together and travel together. They traveled all over the world. They didn't have any children together, so there was no great need to plan for their heirs. They had done a good job investing over the years, so there was going to be plenty for them to live on regardless of how long each of them lived. This was a classic case where, if George had not done any planning at all for his death, Mary eventually would have been okay. George didn't see it this way.
He wanted everything to be in perfect order when he died so Mary didn't have to worry about anything. So George went about the last few years of his life making sure their wills were in order. He met with his attorney to make sure they had a family trust and that everything would work seamlessly for Mary once he was gone. He even had a trusted adviser arranged to handle his estate in case Mary didn't want to handle the estate or the trust.