Importance of Estate Planning


Reasons People Procrastinate Here are five reasons why clients commonly procrastinate:

Reasons People Procrastinate

Here are five reasons why clients commonly procrastinate:

  1. They don’t want to deal with their mortality or mental incapacity so they say they “will take care of it later.”
  2. They don’t want to pay attorney’s fees to draft their estate plan, notwithstanding these documents are arguably the most important papers in a person’s life, and will almost always save money in the long run.
  3. They don’t want to decide how to divide their estate.
  4. They don’t want to expose their life to another person, such as their child, and feel as though this gives up their autonomy.
  5. They fear that if authority is given to a child, they will put them in a nursing home, which is an historical fear from a time when a myriad of residential options were not available.

 

Read full story here Source: Importance of Estate Planning

 

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