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Why People Procrastinate About Estate Planning

July 28, 2021 - 05:00
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While most people know they need a last Will and Testament, I think more people would rather go to get a tooth pulled at the Dentist.

There are a vast number of reasons why people procrastinate when it comes to creating an estate plan. I understand; it is not exciting. I understand; most people do not want to think about death.

It’s not fun to consider what will happen if you can’t raise your children or how your assets will be divided up if you pass away.

Unfortunately, you make things MUCH worse for your family if you don’t make an estate plan. So, you should overcome your discomfort with thinking ahead and just put your plan in place.

Talking about money is uncomfortable, especially when difficult decisions need to be made about how to divide up your assets among your loved ones after you pass on.

However, if you don’t make your plan, your family will lose money. And you will have no say in who acquires your assets. The State of Texas, through the Estate Code, will determine who will receive your property.

That’s why it’s important to get help from an estate planning lawyer who can make the process easy. Like most law firms, I offer a free consultation to start the estate planning process. Once you fully understand the easy process, then we can have a well-thought-out Estate Plan in place within a week.

These are just a few of many key reasons why you may be putting off the process of creating your estate plan.

But you shouldn’t put it off any longer — now is the time to end the excuses and take action. Make it a goal of this summer and complete this important job for your family.

Get your Estate Plan in order and you will feel less stressed!

Paul B. Owens is an attorney practicing in the areas of Probate and Estate Planning law. He serves in a number of other capacities, including on the Board of Directors for the CASA Helotes Senior Center in Helotes Texas. He can be reached at his office in Helotes at 210-695-5110 or at www. PaulOwensLaw.com