One area of personal finance which is often neglected until far too late is estate planning and asset protection. I recently ran into this first hand when visiting my mom and dad a few months ago. Both of them are well into their eighties and have reached a point where they are forgetting to pay bills, including insurance on their vehicle and residence (You’re?probably thinking they shouldnt be driving, and I agree but that’s an entirely different story).?This really came to the forefront when their phone service was cut off due to non-payment.