Estate planning is crucial earlier in life, although most people tend to delay it, often due to discomfort with thinking about death. Procrastination is a major barrier, with many people waiting until a triggering event, like a family member’s death or a personal health scare, prompts them to act. It’s advisable to start estate planning when you have young children or accumulate a significant amount of assets. Planning earlier ensures that your wishes are respected and prevents state intervention in your affairs.