Some of the various challenges associated with estate planning include tax laws, mastering financial markets and the technicalities that can shift on a yearly basis. However, some people come to the process of realizing the value of estate planning but never actually sign the documents.
If you have paid an attorney to draft your documents years ago but never took action to sign them, this is the sign of a clear mental hang up with the estate planning process. Most people do not want to think about their own mortality which makes the concept of estate planning difficult in and of itself. However, contemplating the reality of life for your loved ones should something happen to you when you have failed to articulate your plans clearly can be more challenging than not taking the action to sign your estate planning papers to begin with.
One other reason that people tend to avoid the process of estate planning is because they are not sure how they want to pass on their assets. Knowing that you have the insight provided by a dedicated estate planning attorney can give you the confidence necessary to make these decisions about passing things on to future generations or to charity.
A California estate planning lawyer can help you when it’s time to articulate your plans in legal documents.
