The biggest mistake you can make when it comes to your estate plan is simply not making the time to do it!
Regrettably, too many people put off estate planning because it’s hard to think about. Failing to prioritize your estate plan means risking the financial future of your estate, your legacy and, most importantly, your loved ones.
Part of the attorney’s job is to ensure you understand how the plan works, what you need to do to implement the plan, and how it works for you and your beneficiaries. If you have questions, don’t try to brazen your way through – ask and get clear answers. Want to understand your responsibilities for next steps? Make sure your estate planning attorney explains and ask questions if they don’t fully walk you through it.
It is imperative that you understand the plan. Many people, even those detail-oriented, savvy folks, become passive in the presence of an estate planner. They rely on the planner to make sure everything in the plan is what they need and is done properly. Be sure you understand any legal document you sign, and that you fully implement the estate plan when you leave the attorney’s office.
If you haven’t started your estate plan, it’s been more than a few years since you updated it, or you’ve had a major life event, take the time to sit down and plan. We offer a free consultation to review your current plan, discuss your estate planning goals, or get the ball rolling on a new plan! You can book your appointment online or call our office at 719-259-4971.