Deadly Sin #1: Waiting Too Long to Plan

It is not a secret that the time we have on this world is finite. This does not only apply to our entire lifespan however…

​Have you ever had a day when you wished was just one hour longer? No matter how much you might want to finish your project on time, no matter how much you might want to put off to the following day, it always comes.  Time is precious and what you do and what you experience is what makes it worthwhile, or not.

This is why people schedule important things in their life, so they can make the most of their time, to be more productive and or secure. You don’t have to see estate planning as a measure pertaining only to the time that you perish. It is just like any important event in your life. You plan your finances and you plan for education. Your estate is no different.
 
Waiting too long for anything that has importance only produces problems. What if you waited until April 14th to file taxes? You would be a mess. A MESS. Now imagine that you didn’t plan your estate when the time came that you needed it. The process that your family and your estate will have to go through (the probate process) is a mess, plain and simple.

​You might think, “I have a will, so everything will be fine,” but that is not true. There is a reason that lawyers specialize in the field of estate planning. The rules that govern the probate process change as often as the rules that govern taxes. The only way to properly plan your estate is to have a living trust that updates itself in order to take into account the changing rules and your changing property.

​You wouldn’t tolerate sub par or late planning for anything important; so why would you settle for it in something as important as your estate? Don’t wait too long; you’ll thank yourself for it later.

Don’t wait too long. Give us a call.