- “I’m not rich enough for that”
- “I can do it myself, I don’t need help”
- “That’s for old people, so why should I bother?”
Any of these sound familiar? If you are like most people, these types of mantras are probably deeply ingrained in your psyche. We’ll tell you a little secret: no matter where you are in your estate planning journey there’s a very good chance false beliefs like these are running the show.
We even caught ourselves in the act! We used to tell ourselves, “We’re too young, our family isn’t very complicated.” It takes persistence and a real desire to flip the switch on false beliefs, but you can do it!
- Take the time to learn about the basics of estate planning. Understand that estate planning is not just for the wealthy; it’s for anyone who wants control over how their assets are distributed and wishes to minimize complications for their loved ones.
- Explore online resources, attend workshops, or consult with a qualified estate planning professional to gain knowledge about the process and its benefits.
Consult with a Professional
- Engage the services of an experienced estate planning attorney. A professional can help dispel myths, address concerns, and guide you through the complexities of creating a comprehensive plan.
- Recognize that seeking assistance doesn’t mean you’re incapable; rather, it ensures that your plan aligns with your unique circumstances and goals.
Understand the Time Value
- Acknowledge that estate planning is not solely for the elderly. Unexpected events can happen at any age, and having a plan in place provides peace of mind.
- Recognize the time value of planning – the sooner you start, the more effectively you can address changing circumstances and ensure your wishes are known and respected.
By taking these steps, you can empower yourself to challenge false beliefs, overcome common excuses, and take control of your estate planning journey. Remember, estate planning is a proactive and empowering process that benefits everyone, regardless of age or financial status.
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