Why Do People Procrastinate Estate Planning?
People are busy and you have many things to do in a day. You have to go to work, take care of your family, and ensure a number of other tasks. You do all of this every single day. So, perhaps it is not surprising that so many people procrastinate estate planning. However, it is often more than a full schedule that keeps people from planning for their estate. Below, our Volusia County estate planning lawyer explains what these are.
I Do Not Want to Talk About Death
Talking about death is uncomfortable for most people. It can help to not think of estate planning as discussing death but rather, talking about life. Although your will is effective after you pass away, it will impact the lives of your loved ones. If your estate plan is not up to date, settling your estate will be completely the responsibility of your family. Lawsuits may be filed, and long-running feuds may be rekindled. Property may be lost due to malfeasance or mismanagement. A valid will ensures that your estate is easier to settle after you pass away.
Likewise, there are estate planning documents that will impact you during your lifetime. These include a medical power of attorney, durable power of attorney, and more. This is another reason it is so important to create an estate plan without delay.
I Do Not Have Time to Meet with an Estate Planning Lawyer
At most, speaking with an estate planning lawyer should only take a few hours, even if your estate is complex. Additionally, this time is an investment that will yield a significant return. Your family will also greatly benefit from the guidance provided in an estate plan. Anticipating something is often more stressful than actually doing it. Make an appointment with a Volusia County estate planning lawyer today and have the confidence that your legacy, and your family’s future, will soon be planned for.
I Do Not Have Significant Wealth or Property
Most adults have some type of property. This can include a bank account, a vehicle, a home, and other personal property. Anyone who has any amount of property can benefit from a will or other aspects of an estate plan, as can their family. You do not need a great deal of wealth or property to need an estate plan.
Also, your estate plan does so much more than distribute your assets. It can plan for your incapacitation, designate a guardian for your minor children, and more. These aspects of estate planning have little to do with your wealth or property and nothing to do with your property or wealth.
Call Our Estate Planning Lawyer in Volusia County
At Bundza & Rodriguez, our Volusia County estate planning lawyer can help ensure your future and legacy are secured so you and your family have the protection you need. Call us now at 386-252-5170 or contact us online to schedule a consultation with our experienced attorney and to learn more about how we can help create the right plan for you.
Source:
leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute&URL=0700-0799/0732/0732.html
