How I started my estate and end-of-life planning

Until recently, I did not have estate and end-of-life planning in mind, but it was the natural next step in my quest to be a responsible adult, with a nudge from the existential threat of the COVID-19 pandemic.

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Mike Litt
Director, Campaign to Defend the Consumer Bureau

Author: Mike Litt

Director, Campaign to Defend the Consumer Bureau

(202) 461-3830

Started on staff: 2015
B.A., University of Texas at Austin

Mike directs U.S. PIRG’s national campaign to protect consumers on Wall Street and in the financial marketplace by defending the Consumer Financial Protection Bureau. Mike also works for stronger privacy protections and corporate accountability in the wake of the Equifax data breach—which has earned him widespread national media coverage in a variety of outlets. Mike lives in Washington, D.C.

Until recently, I did not have estate and end-of-life planning in mind, but it was the natural next step in my quest to be a responsible adult, with a nudge from the existential threat of the COVID-19 pandemic. 

I paid off my car loan and credit card debt and started building an emergency fund. And I recently finished deep cleaning and decluttering my apartment Marie Kondo-style after a leave of absence and the COVID-19 lockdown kept me away from it for a year and a half. 

Once you reach your mid-30s, you look at the world a little differently. When I found a book titled In Case You Get Hit by a Bus: How to Organize Your Life Now for When You're Not Around Later. It immediately sounded like something I hadn’t known I was looking for. 

I started listening to the audiobook version, which not only got me thinking about things I knew about, such as wills and life insurance, but also things I didn’t know about, from ethical wills to long-term care insurance. It served as my blueprint for getting my life affairs in order and setting financial plans in motion this year. 

The tasks recommended in the book are listed here.

I won’t run through the entire checklist of planning tasks here, but I will pass along resources for two in particular that I found helpful:

The federal National Institute on Aging also has a guide to getting your life affairs in order. 

Photo by Ken Mayer, CC BY 2.0.

Mike Litt
Director, Campaign to Defend the Consumer Bureau

Author: Mike Litt

Director, Campaign to Defend the Consumer Bureau

(202) 461-3830

Started on staff: 2015
B.A., University of Texas at Austin

Mike directs U.S. PIRG’s national campaign to protect consumers on Wall Street and in the financial marketplace by defending the Consumer Financial Protection Bureau. Mike also works for stronger privacy protections and corporate accountability in the wake of the Equifax data breach—which has earned him widespread national media coverage in a variety of outlets. Mike lives in Washington, D.C.