EstateCast

The Myths We Tell Ourselves About Estate Planning


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Estate planning is important for everyone, not just the wealthy or the elderly. It's about protecting your loved ones and having a voice when you can no longer speak for yourself. One common myth is that only the rich need an estate plan, but it's about more than just money. Another myth is that your spouse will automatically get everything, but this can be risky, especially in blended families. Having a will does not avoid probate, and probate can be a slow and public process. There are alternatives to probate, but planning ahead is key. Estate planning is about love and clarity, and it's a process that reflects your life and values. It's important to think about who you trust to make decisions for you and what you want to happen to your belongings. If you're unsure, it's best to talk to a professional estate planning attorney.

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EstateCastBy Robert P. Newman, Esq.