Procrastination. Denial. Delusion. Ignorance. All common reasons used for justifying the delay in writing out one’s last will and testament. Though most responsible adults understand and recognize the need for estate planning documents, many of us continue to put off the preparation of even the most basic of wills or even a trust. Whether it’s just a tendency to put off what we don’t want to think of as the inevitable, or a lack of knowledge regarding the process and steps required, we seem to use whatever excuse we can to avoid having to face the reality of our own mortality. With more than half of Americans without a will or trust drawn up, a host of private property holdings are left in probate and up to the courts to figure out. It is estimated that probate procedures cost American families more than $2 billion a year, with almost $1.5 billion going to lawyers’ fees. However, protecting your family’s estate is actually quite simple and comes down to just a few simple documents. As Needham’s premier estate planning attorney, we recommend you start with these basic estate planning documents for protection against probate:
Those seeking legal advice and assistance regarding the aforementioned documents are encouraged to contact the Law Office of Alan H. Segal at 781-214-7129 for a free consultation.