This undated electron microscope image, made available by the US National Institutes of Health in February 2020, shows the novel coronavirus SARS-CoV-2. Also known as 2019-nCoV, the virus causes COVID-19. (Photo: AP)

In the midst of adversity, there is always opportunity. The spread of the deadly COVID-19 virus has drastically changed life as we know it.

In response to the global pandemic, Jamaica has banned all non-essential activities, and residents have been asked to stay home. The mandated precautions are designed to slow the spread of the highly contagious disease. However, mental health experts have warned that these stringent measures may also have psychological effects. To reduce the risk of depression or other psychological effects, you can distract yourself by reviewing your estate documents and making plans for your future.

Estate planning is the act of preparing for the transfer of a person’s wealth and assets after his or her death. Assets, life insurance, pensions, real estate, cars, personal belongings, and debts all belong to one’s estate.

http://www.jamaicaobserver.com/sunday-finance/planning-in-times-of-uncertainty-amid_193168