When you hear the phrase \u201cestate plan,\u201d you might first think about paperwork. Or your mind might land on some of the uncomfortable topics that estate planning confronts head-on: end-of-life decisions, incapacity, and your family\u2019s legacy from generation to generation. Those subjects hit home for everyone.<\/p>\n
But while that could feel like a reason to avoid estate planning, the emotional nature of these decisions is actually a reason to embrace the process with enthusiasm. Here are a few ways in which emotion in estate planning is a good thing:<\/p>\n
1. Estate planning creates stability in times of loss<\/strong><\/p>\n If you end up in a state of incapacity later in life, it\u2019s guaranteed to be a difficult time for your family. If your estate plan doesn\u2019t include detailed instructions for a trusted decision maker and an actionable long-term care plan, it\u2019s guaranteed to be even worse. You can save your loved ones from the confusion about what to do and the pressure to make rushed choices if this occurs, allowing them to save their energy for processing the situation.<\/p>\n 2. Comprehensive estate plans keep emotional matters private<\/strong><\/p>\n Detailed, trust-based estate planning with lifetime beneficiary directed trusts keeps your private matters out of the public eye. When your estate plan is scant \u2014 such as a simple \u201cI love you\u201d will \u2014 you\u2019re running the risk of your estate going through court in a proceeding called probate. This means that choices become visible to those outside your inner circle. Because of the notice requirements, probate can also invite controversy and conflict which a private transfer would have avoided.<\/p>\n 3. Estate planning can bring a family together<\/strong><\/p>\n Everyone has heard of a situation in which siblings argued over what their parents left them as beneficiaries. But the opposite is also quite true. When you get your family and other loved ones involved in your estate planning process, you gain a wonderful opportunity to show them how much you care. Creating your estate plan can strengthen the bonds of love in a family and serve as a reminder of those bonds for years to come.<\/p>\n 4. Your estate is about much more than money<\/strong><\/p>\n Estate planning is about a whole lot more than just wealth distribution and taxes. During an estate planning session, we can talk about significant family heirlooms, your hard-won hobby collection, and other matters totally unique to your life. We can even look into the memories and intellectual property you want to make sure your beneficiaries receive, such as photos, art, and even recorded videos or audio files of family stories you\u2019d like to share with future generations.<\/p>\n 5. An estate plan means you\u2019re not going it alone<\/strong><\/p>\n You shouldn\u2019t have to face trying times alone. Whether the estate in question is yours or a loved one\u2019s, your estate planning attorney will have the answers. Let us take care of the nuts and bolts with regards to educating your appointed agents about their duties so you can know that your family will be in good hands if anything happens to you. The idea of setting everything straight on your own can be a stressful one, but these emotional decisions are much easier to make with a trusted advisor by your side.<\/p>\n We want you to feel ownership and investment in getting your estate plan to reflect who you are. Estate planning is an opportunity to look at some of life\u2019s big questions and ultimately make sure your family feels your care for them through the choices you make. Give us a call today to see how we can create custom-made solutions that do just that.<\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" When you hear the phrase \u201cestate plan,\u201d you might first think about paperwork. Or your mind might land on some of the uncomfortable topics that estate planning confronts head-on: end-of-life decisions, incapacity, and your family\u2019s legacy from generation to generation. Those subjects hit home for everyone. But while that could feel like a reason to […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/lawtonlegacyplanning.com\/wp-json\/wp\/v2\/posts\/530"}],"collection":[{"href":"https:\/\/lawtonlegacyplanning.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lawtonlegacyplanning.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lawtonlegacyplanning.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lawtonlegacyplanning.com\/wp-json\/wp\/v2\/comments?post=530"}],"version-history":[{"count":3,"href":"https:\/\/lawtonlegacyplanning.com\/wp-json\/wp\/v2\/posts\/530\/revisions"}],"predecessor-version":[{"id":546,"href":"https:\/\/lawtonlegacyplanning.com\/wp-json\/wp\/v2\/posts\/530\/revisions\/546"}],"wp:attachment":[{"href":"https:\/\/lawtonlegacyplanning.com\/wp-json\/wp\/v2\/media?parent=530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lawtonlegacyplanning.com\/wp-json\/wp\/v2\/categories?post=530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lawtonlegacyplanning.com\/wp-json\/wp\/v2\/tags?post=530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}