Pretty late in life to be estate planning.
I suppose late is better than up an croaking and leaving a huge mess for your grown children. Like so many other selfish, childish old people do.
Grown children have their own things to worry about like raising kids and college planning and living within their means.
Last thing they need is for "the farm" to be tied up in probate. Or worse, having sort through every friggin mustard and pickle jar someone hoarded over a lifetime.
As long as you and your spouse are still alive it's never too late to do estate planning. You lose some tax benefits if you plan after the death of one spouse though.
+1 on hiring a good estate planning atty.
