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The Top 3 Reasons People Are Waiting to Make an Estate Plan

Most of us understand that estate planning is important to our families’ futures, but way too many of us put it off. After all, it’s not always a comfortable topic. Getting down to the business of planning your estate, however, can bring you much needed and priceless peace of mind. Why wait?

The Top Three

People give a lot of reasons for why they put off planning their estates, and you may have considered many of them yourself. There are, however, three top reasons that people consistently turn to when putting off estate planning:

1. I’m not exactly a Rockefeller.

Many people believe that estate planning is only for the wealthy – who has an estate anyway? On the contrary, estate planning is important for people at all points on the financial spectrum, and your estate simply refers to your possessions, including your home. Further, probate expenses take an even larger bite (percentage wise) out of smaller estates. By avoiding the topic, you could leave your family less than you hope to.

2. I don’t know where to start.

While New Jersey estate planning is complicated, you don’t have to tackle it on your own. Indecision and uncertainty can cause you to keep putting this important task off, but an experienced estate planning attorney will ease the pressure by working with you to help create an estate plan that addresses your needs, concerns, and wishes; that will provide for your family’s future; and that avoids unnecessary probate costs and delays.

3. Geez, I’m not old yet.

Many people put estate planning off until they’re eyeing retirement, but this is a shortsighted approach. No one knows what the future holds, and putting your plans carefully in place can help assuage some of the anxiety that accompanies this element of the unknown.

Everyone has his or her own good reason for not tackling his or her estate planning head on, but you’ll probably find that crossing this task off your To Do list will allow you to focus on some of life’s more pleasant pastimes.

If You’re Ready to Plan Your Estate, Call 201-498-9768 Today for More Information

Estate planning isn’t something most people look forward to, but it’s not something you should dread. In fact, once you’ve accomplished this important task, you may experience a welcome sense of calm and accomplishment. Don’t leave your family’s financial future to chance; consult with an experienced estate planning attorney. At John L. Schettino law, we’ll work with you closely to ensure that your wishes are well represented. Contact or call me at 201-498-9768 for a free consultation.