As life marches on, the question arises about finding the right time to set up an estate plan. However, the one certainty is that you will always be better off with a plan than without one, according to grbj.com in "Estate Planning: better done sooner rather than later."
You never know when you will need to have an estate plan. Nobody can guarantee that you will only pass away after you have lived long enough to experience a specific big life-changing event. We all know that life and death does not work that way. Waiting for something specific to happen in your life before getting an estate plan does not make any sense.
Having an estate plan in place always makes sense. Having an estate plan will leave your heirs better off after you pass away no matter how many assets you have or at what stage of life you are at. Do not wait for something to happen to get an estate plan.
An experienced estate planning attorney can advise you on creating an estate plan that fits your unique circumstances.
Reference: grbj.com (Feb. 9, 2018) "Estate Planning: better done sooner rather than later."