Estate Planning Fears that Should NOT Stop You from Planning

Many people put off their estate planning because of the fears that they have.  These fears should not stop you from doing your important planning tasks.  Not having a plan in place will mean that you and your family are unprepared for the future. Take a look at the information below to better understand some common fears.  If you have any questions about the planning process, or if you’d like to begin your estate planning, contact an estate planning attorney.

• I’m afraid that estate planning is too expensive. While creating your estate plan is an investment, it should not keep you from planning.   It’s beneficial to work with an experienced attorney so that you have a plan that meets your individual needs.  Know that you will be investing in your future and that any tax related advice is tax deductible on your 1040!
• I don’t want to think about death. No one likes to think about illness, disability, or death. Unfortunately, these are topics that must be discussed during your planning.  Know that by including these difficult issues in your planning, you will be making steps so that you and your family are prepared for the unexpected.
• The planning process is too difficult and confusing. With the help of an attorney, you will be able to accomplish all or most of your estate planning goals. Estate planning can be difficult to do on your own, but if you work with an experienced attorney, you will feel more comfortable. Your attorney will walk you throughout all aspects of your plan so that you understand your options and decisions.

Don’t let estate planning scare you.  Take the time to handle your affairs so that you’re able to be prepared for all of life’s difficulties and blessings.  If you have any questions about your estate planning needs, or if you’d like to begin your estate planning, consult with a qualified estate planning attorney.

Davidov Law Group is a member of the American Academy of Estate Planning Attorneys.