Recently, Financial Planning wrote about those client roadblocks in “3 Biggest Barriers to Successful Estate Planning.”
While you will want to read the original article, here are the highlights:
- Procrastination – It is important to get past the idea that you can always create an estate plan later. If you do not, then you might put it off so long that it is too late.
- Indecision – Rather than make important decisions, many people unsure about what to do, do nothing. Estate plans require that difficult decisions be made. If you are unsure, ask your attorney if he or she has any insight.
- Inattention – Even after finishing an estate plan, it is important to keep paying attention to it. Things change. It is important that lack of attention does not cause your estate plan to fail to change with your life circumstances.
Contact an experienced estate planning attorney who can help you avoid common mistakes made by others.
