Let's Play Ball

Cholewka Law

I love watching baseball. The local ballfield was about a half mile from my house where I grew up. Every Saturday morning in the spring and summer, I woke up to the sounds of the announcer over the PA system.

I was lucky enough to work for the Cleveland Indians during my career. I watched batting practice whenever I wanted and knew the secret identity of the team mascot "Slider." But I especially loved the media team digging through statistics books to find that quirky stat for the announcer. "Well, Matt, the person batting third in every Saturday road game in odd years when it was raining has struck out 88% of the time." How can you not love that?

Statistics—never my favorite subject in school—are fascinating when applied to baseball, or real life. Stats can be interesting, or surprising or even sad. For example, different polls say between 25-75% of Americans have never created their will.  

Here are a few more stats from the WealthCounsel 2017 Estate Planning Industry Trends survey:

The top three reasons people chose to create their estate plan:

67% to avoid Probate
65% to avoid chaos/discord among family and beneficiaries
38% to protect children from mismanaging their inheritance
73% of people who created their estate plan were married with children
44% of people who created their plan had a net worth of $1 million or less
52% of people who planned were between the ages of 50-69

Where do you fall among these statistics? Are you in the group of Americans who have created a plan to avoid probate and take care of their family to the best of their ability? Or are you still one of the 25-75% of Americans who haven't yet picked up the bat to take a swing.

A final statistic to remember...

One hundred percent of people will die.

Are you ready to play ball?

Cholewka Law provides estate planning services. If you haven’t yet created your estate plan or if your current plan needs reviewed, we would love to help ensure your loved ones are protected. Contact Cholewka Law at 480-497-3770 to schedule a conversation or visit www.gilbertlawoffice.com for estate planning information and videos.