Reasons Not to Have an Estate Plan
We often hear from clients many reasons why they waited so long to draft their estate plans.
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We often hear the same reasons over and over as to why people don’t have an estate plan or haven’t gotten around to drafting an estate plan.
Some of the most frequent reasons and why they shouldn’t stop you from having an estate plan are:
- I don’t have enough money, property, etc. Estate planning is not just about assets. Estate planning is a way to protect your wishes, in the event of incapacity. If you have young children, estate planning allows you to choose their guardian, something should happen to you. Estate planning also allows you to direct medical and financial care, should