“Now is not a great time, we are just so busy.”
“I feel so overwhelmed to even start thinking about that, it seems so complicated.”
“I will make an estate plan in the future when I have more money.”
If you have found yourself thinking any of these things relating to estate planning, it turns out, you’re pretty normal! According to a survey by Caring.com in 2024, only 32% of Americans have a will. That means nearly 7 in 10 people are unprepared.
Most people know that estate planning is important, but because it doesn’t usually feel urgent, most people assume they’ll do it “someday.” While we all fall into the trap of misplaced priorities, lack of estate planning can come with some serious consequences.
So what is making us stuck in procrastination?
Reason 1 – You Are In A Busy Stage of Life
If you are in a busy season in life or have young children, we know that estate planning can seem like a very distant priority. It can be very overwhelming to juggle it all. The truth is though that one of the most loving things you can do for your children and family is to have a plan. Believing that there is a more convenient time in the future is a dangerous trap.
Did you know that if you were to pass away without a plan, the choice of guardianship for your children would be left to the courts? This is why it is especially important to create an estate plan for families with minor children, and the best time to do it is now!
“Thank you so much to the team for helping us with our Family Trust! My husband and I are very busy, full time working, two toddlers, two dogs and no time kinda family but we knew we needed to get this done. They accommodated all of our calendar changes, delays in emails and not once did their friendliness waiver.” –Cheryl
Reason 2 – It Feels Overwhelming
We often hear that estate planning feels very complicated or confusing. Either not enough or too much information can contribute to this feeling. This misconception is common but fortunately with the right attorney it does not have to be! If you trust your attorney, the process is much easier than you might think. Our process is simple and straightforward. We demystify the process by simple education, and take care of everything so that you can focus on taking one step at a time.
“I avoided this process for some time because it was overwhelming and seemed difficult but Trent showed us that this was way easier than what we had in mind.” –John
Reason 3 – You Think It Doesn’t Apply
There is a common belief that estate planning is only for people in a very high income bracket, and that most people do not need a trust unless they consider themselves in that category. While it may be true that types of plans will differ depending on needs, assets, and life stage, everyone should have a plan. Having a bank account, assets, or children makes it all the more important. We offer plans for every stage of life and circumstance so that you are only getting what you need. Our clients do not regret having an estate plan, no matter what stage of life they are in!
“Estate Planning can be stressful, not knowing what questions to ask, and how to structure the plan. Although my estate is small, I could see he gave the same consideration as if I were a millionaire! I have and will continue to recommend…” -Rose
If you fall into any of these categories, or have had similar concerns about estate planning consider this your opportunity to take a first step! Estate planning is essential for everyone and with the right attorney it can be an easy, seamless process. Click here to schedule a free discovery call with our client services team to have your questions answered and start your estate planning journey.
