You have arrived at the dawn of a new year with every intention to plan better and further this time around. But soon enough, you find yourself side-tracked by other pressing issues. If you are determined to make the most out of 2021, here’s a suggestion: Get started on your Estate Plan!
Making a resolution to create an estate plan can sound a little sombre and challenging at first, but it is actually one of the best (and most attainable) financial planning goals one can make. Here are some reasons why you should start:
Estate Planning is Actionable and Achievable.
The best New Year resolutions are realistic and reachable. Estate planning is both, thanks to the many tools and documents that facilitate the process.
Plus, achieving the goal of creating a comprehensive estate plan can offer a confidence boost that inspires you to conquer other financial resolutions.
Estate Planning offers more Assurance.
Estate Planning is one of the few resolutions that can provide peace of mind while you are alive, and help to alleviate the possibilities of stress and family troubles in the future. Should you suddenly pass away or be incapacitated without a Lasting Power of Attorney or Advance Medical Directive, it can complicate estate matters.
Confusion and anguish are the last things you would want your loved ones to go through during their time of grief. Estate Planning is a gift that keep giving.
Estate Planning does not have to be done Alone.
Daunted by the thought or not sure where to even begin? Here’s where a professional well versed in Estate Planning matters can offer needful insights. They can help guide your Estate Planning experience from start to finish, and personalise your plan to meet your specific needs and exact wishes.
By all means you could try to do it yourself with a template. But do remember that everyone is unique in their financial situations and lifestyles. Would you rather potentially endanger the validity of these legal documents or choose to seek advice from an expert in this field?
Make the wiser choice in 2021!
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