Some people are so stressed out over writing an estate plan that it actually becomes harder than it needs to be. Firstly, it’s important to understand that you don’t have to navigate estate planning alone. There are professionals who may be of great help like lawyers, financial planners and accountants. Just thinking about the process alone can put some people off from doing any estate planning at all.
Why it matters
If you would rather not have to do something that deals with your own demise, you’re not alone. After all, who likes to think about dying? But if people looked at it from a different perspective, it might make the process less stressful.
A complete estate plan is likely the last, most helpful and loving gift a person can give to their loved ones. When you have an estate plan that is complete and legally sound, it takes so much pressure off of grieving family members. That realization alone may be a strong enough push for people not to die intestate (without a will) – especially when minor children are involved.
How not to feel overwhelmed
The estate planning process can be approached in bits and pieces. Taking small steps to get to the completed task might be one way to look at writing an estate plan. Here are some other helpful tips that may alleviate some anxiety:
- An estate plan doesn’t have to include an answer to every possible life scenario. Documents can also be changed as your life circumstances change.
- Estate planning isn’t one size fits all. You can create an estate plan to fit your personal lifestyle.
- When the process feels too overwhelming or emotional, there is professional help available to help with estate planning. Taking small steps is better than taking none at all.
It can be a comforting thought to know that you have done everything legally possible to reduce the distress of the loved ones you’ll one day leave behind. With some forethought, guidance and planning, writing an estate plan doesn’t have to be that difficult.