Seven D’s of Life That Affect Your Estate Plan:
Desires, dreams, drama, diagnosis, dementia, decline, death.
Time flies when you’re having fun! Time also seems to pass more quickly the older we get. There is nothing we can do to stop the passage of time, so we might as well make the best use of it.
Early in life, the brain is experiencing things for the first time. Baylor neuroscientist, David Eagleman, has found that the brain uses more energy to process new and exciting experiences which results in more information being stored in your memory. If these experiences take more space in our memory due to being new or novel, then this may account for such experiences being so vivid in our long-term memory.
As the brain and body age, there are natural changes that occur. The focus of our thoughts and daily lives shift, and energy declines. With the passing of time, priorities change. The focus of a young adult’s life is quite different from that of a retiree. Now is a good time to take care of tasks that have been on the to-do list for a long time. Take a deep breath, grab a hot beverage, notepad and a pen – or an iPad – and jot down a few tasks that need tending. Note the mile markers in your life as they have receded or those coming up ahead.
Clergy note that people often seek emotional and spiritual support at crossroads in their lives. Rights of passage traditionally observed involve birth, marriage and death: to hatch, match, dispatch. Think of those crossroads as a time to reevaluate and update estate planning documents taking into consideration significant life changes. Here are seven life events you can refer to as the Seven D’s: (1) Desires (2) Dreams (3) Drama (4) Diagnosis (5) Decline (6) Dementia, and (7) Death.
Reflect on your ever-changing life and resolve to take care of what you can. People continue to be surprised that time passes so quickly and waits for no one. My mother remarks that life is like being on a boat in a moving river that never stops flowing — at some point we are simply not on the boat anymore. (Thanks Mom!)
As time passes, know that you can make a difference in the quality of your life and others. Live your life with peace of mind. Prepare to leave a thoughtful legacy. Remember to laugh, treasure each day, and have fun. Time flies, so seize the day: Tempus fugit and carpe diem!