Many people put off their estate planning responsibilities even though every adult needs an individualized, comprehensive plan. If you choose to put off your planning, you and your family may have serious issues in the future. It’s important to create a plan as soon as possible so that you’re always protected. Take a look at the following excuses to learn why they’re not acceptable reasons to put off planning. If you have any questions about the estate planning process, or if you’d like to begin your estate planning, meet with an estate planning attorney.
“I don’t have the time.” If you’re having trouble finding time to handle your estate planning affairs, then you need to make time. You never know if you’ll ever have the opportunity to create your plan in the future. Just schedule your initial consultation and once it’s on the calendar, follow through.
“I don’t have enough money.” Many people put off their planning because they either assume that they don’t have enough assets or that they won’t be able to afford an attorney. You have more assets that you probably think, and it’s important to handle all aspects of your planning so that you’re needs are met. Estate planning is not just about the money, there are family, health care, peace of mind, and asset protection considerations as well. It’s also important to invest in an attorney so that you have the best possible plan.
“I’m afraid to plan.” If you’re like many people, you may have fears about planning. It’s perfectly normal to be nervous about making important and difficult decisions. And, no one enjoys talking about death and dying. Take the time to think about your needs so that you can create a plan. Your attorney will be able to guide you throughout the process so that you feel more comfortable at discussing your needs and goals.
Stop putting off your planning! Now is the time to work with a qualified estate planning attorney and create an estate plan.