Long Island estate planning attorneys can help you take action today to put an estate plan in place. Far too many people procrastinate about making a will or otherwise preparing plans for their futures. Unfortunately, when you wait too long, there are times when tragedy can strike and you will end up entirely unable to determine what you want your legacy to be or what you want in terms of medical care if you suffer a serious emergency.
You don’t have to procrastinate or put off the process of making a will any longer. Mark S. Eghrari & Associates, PLLC is here to help. We can tackle your biggest fears about creating a last will and testament or using other legal tools. in the creation of a comprehensive estate plan. We’ll also get your estate plan in place as soon as possible so you and your loved ones are protected going forward. Give us a call today to find out more.
Why People Procrastinate About Estate Planning
There are a vast number of reasons why people procrastinate about creating an estate plan. Some of the key reasons include:
- Not wanting 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.
- Not wanting to talk about money: Talking about money is also 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 plans, you could lose money due to estate tax and other sources of loss.
- Estate planning can seem confusing: While most people know that they need a last will and testament, other estate planning tools like trusts can be much more confusing and difficult to understand. You may feel overwhelmed regarding what you actually need to do to make a plan and may not even know how to get started. That’s why it’s important to get help from Long Island estate planning lawyers who can make the process easy.
- You may not want to make difficult decisions: When you make plans to provide for heirs or beneficiaries, you have to decide how you are going to divide up assets and things like family heirlooms. Unfortunately, heirs or beneficiaries often end up unhappy with the way that assets are distributed. You may be concerned about making the tough choices regarding division of assets, especially if you are worried that some of your family members could be angered by the choices you may. Still, it is important to act because if you don’t, you significantly increase the chances of your family getting into a big dispute when you pass on. This could cause the value of your estate to be reduced as your family spends money in estate litigation fighting over what will happen to your wealth when you pass on.
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.
Getting Help from Long Island Estate Planning Attorneys
Unfortunately, you can never assume that you will have an unlimited number of tomorrows in which to make your estate plan. You should act while you are still able so your legacy is not entirely left in the hands of the probate court and so your family does not end up losing out on the legacy you wished to leave.
Mark S. Eghrari & Associates, PLLC is here to help you. Our Long Island estate planning attorneys will work closely with you to get the plans in place you need to secure your assets, family and autonomy in case something happens to you. You can join us for a free seminar to find out more about how our compassionate and knowledgeable legal team can help you with your plans.
Don’t wait too long and put your wealth or the financial stability of your dependents in jeopardy. Just give us a call at (631) 265-0599 or contact us online today to find out about the services that we can offer.
Latest posts by Mark S. Eghrari, Estate Planning Attorney (see all)
- Estate Administration Can Be Simplified With a Living Trust - January 17, 2019
- An Overview of the Estate Administration Process - January 16, 2019
- Confront the Eventualities of Aging - January 15, 2019