Estate planning when you’re scared: What you can do

| Nov 5, 2020 | Estate Planning | 0 comments

Creating a new estate plan or altering one that you already have is never easy. In fact, depending on the circumstances, it can be downright scary and intimidating.

Just because you’re scared doesn’t mean you can put estate planning on the back burner and hope for the best. You need to take action that’ll give you and your loved ones peace of mind.

Here are some tips for estate planning even when you’re not ready for it:

  • Look forward to the benefits: Don’t look at estate planning as something you have to do. Look at estate planning as something you want to do, as it’ll bring many benefits to you and your family.
  • Give yourself time: This doesn’t mean you should put estate planning off. What it means is that you shouldn’t cram everything into the same day. Give yourself the time necessary to consider all your options and how best to proceed.
  • Get help: Many people shy away from estate planning because they feel alone. If this sounds familiar, turn to others for help. This can include anyone from a close friend to a coworker to an attorney or financial planner.

You may have avoided all things pertaining to estate planning in the past, but that doesn’t mean you should continue to do so in the future. You’re taking a big risk should you continue to travel down this path.

Rather than let your fear overcome you, learn more about the estate planning process, what you want to accomplish and how you can relieve some of the tension you’re feeling.