Emotional Blocks Can Make Estate Planning Difficult
One of the few certainties of life is that all of us will pass away someday. While one might think that would add some sense of urgency to estate planning, the difficulty and uncomfortable nature of the topic can make it very difficult for people to want to sit down and consider what will happen to their estate and assets.
The following are just a few examples of some of the most common emotional blocks people often have to overcome to plan out their estate:
- The “death” conversation: Few of us like to spend much time thinking about our mortality. Some are superstitious when it comes to thinking about their own death, while others might get emotional about the subject. This is a real block many people face, and it’s one that must be overcome so you can engage in sound estate planning.
- Lack of control: Many people are hesitant to have estate planning discussions because they fear any semblance of giving up control. Although estate planning does offer you control over what happens to your assets, it can still be tough for some people to actually think about the idea that there will come a day where their home or other assets are no longer under their possession or control.
- Working with lawyers: Some individuals are intimidated by the idea of meeting and working with an attorney to get their estate planning done. But don’t worry — any good estate planning attorney will do everything possible to help you feel comfortable with the decisions you make.
- Cost: Some people worry that the costs of estate planning will be prohibitive. Costs may vary, but it’s important to weigh these expenses against the cost of giving up all control over what happens to your possessions, your healthcare and your children.
To learn more about estate planning and to get the process started today, contact a dedicated estate planning attorney with BaumannKangas Estate Law.