Top 5 Reasons People Avoid Estate Planning.
1. It is a sensitive subject for many
Contemplating our own mortality does not have to be depressing. Roger Ebert once said, “There’s nothing like impending death to rouse you from existential boredom.” Estate planning is an opportunity to consider all the wonderful and exciting things about living. Plus, death may seem a little less scary when you have the peace of mind that comes from having an estate plan.
Estate planning doesn’t require much of your time. Usually, there is an initial appointment to gather basic information and discuss your concerns. Next, your lawyer will draft your plan. Finally, you have a final meeting to sign everything. We are willing to meet after virtually or in your home to make it easier on you.
Estate plans don’t have to be expensive. You can get an affordable customizable package to meet your needs. Most attorneys charge a flat fee which means it is a predictable one-time cost to you. A little money now can save you money in the future.
4. You don’t think you need one
You may think that your estate is too small for an estate plan. You might be surprised how much you really do have. Your estate is more than what is in your bank account. A good estate plan will consider all types of assets. But estate planning is not just about financial assets. There are many reasons why you should get an estate plan. Check out this post
5. Don't know which attorney to chose
This is often the biggest hurdle to getting your estate plan done. There are several resources to find an estate planning attorney including your state bar's website.
If you are interested in talking to an attorney about your estate plan, please contact us!