ADHD and Estate Planning
We’ve previously written about mental disorders and estate planning. ADHD (attention deficit hyperactivity disorder) overlaps with the same issues: impulsivity, managing a budget, etc. The ways in which to manage estate planning and ADHD involve a lot of planning.
Estate planning is the process of organizing and managing your assets during your lifetime and determining how they will be distributed after your death. It involves making decisions about things like who will inherit your assets, who will manage your affairs if you become incapacitated, and how your assets will be used to provide for your loved ones.
People with ADHD (and impulsive people in general) can make snap decisions at a rate that is sometimes faster than those who aren’t impulsive. This can actually be a benefit when it comes to estate planning.
Here are a few tips to take into consideration:
- Write down your goals. Always good to start by writing out your goals and plans for your estate plan.
- Talk to someone about your clear objectives. You may need someone to help keep you in line about what it is you want to accomplish with your estate plan.
- Set a deadline as to what you want to accomplish and when.
There are many useful tips you can use to help you out. You can find more tips to help you out, here.
