Tips for Estate Planning After Receiving a Cancer Diagnosis
There are many different events in your life that may prompt you to think about the benefits of estate planning such as purchasing your first home or having a child or becoming a grandparent. Some of the events that occur in your life that can prompt you to consider estate planning can be more difficult than others. 
Cancer, unfortunately, is a reality that far too many people will face over the course of their lifetime and may impact many people across the country in an indirect or direct manner. Understanding the estate planning steps you can take to protect your assets and your legacy after a cancer diagnosis is important and should be done under the guidance of an experienced estate planning lawyer.
There are new cases of cancer every year that affect 454 out of every 100,000 people and the annual cancer deaths affect 171 out of every 100,000 people. According to nationwide statistics, nearly 40% of women and men will be diagnosed with cancer at some point during their lifetime and cancer mortality is higher for men when compared with women. Impulsive actions caused by panic are common with anyone who has received a cancer diagnosis but sitting down with a planner to discuss the various strategies to address their complex challenges can be extremely beneficial.
An inventory of all items that you own and a prioritized list of steps put together by your estate planning lawyer can help you to tackle the most important steps and determine whether or not you already have existing insurance and force that can help prepare you and your family for this difficult time ahead. If you have questions about how a cancer diagnosis or any other major health issue affects your estate plan, contact a knowledgeable lawyer today.
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I like that you suggest creating an inventory of all your items and preparing your assets. My dad was recently diagnosed with late term cancer, and they say he won’t last long, so he wants to get everything about his will and estate in order for when he passes away. I will send him this information, so he can start looking for an estate planning lawyer to help him with all of it.
It’s good to know that you should keep an inventory of all the items you own after you are diagnosed with cancer. My brother recently got diagnosed with cancer and he was wondering how he can prepare his family for the best if he were to pass away from the disease. I’ll be sure to let him know to keep a list of all the things he owns in case things don’t go as planned.
I appreciate you talking about making an inventory of all your items and planning ahead to help when times are stressful. My wife and I are getting older and are trying to find all the ways that we can plan for the future so that when hard times come, we are well prepared and can move forward with less stress. We will certainly keep this article in mind while we consider our options.