There are several reasons the average Joe or every day American avoids the preparation of their Estate Plan. As estate planning lawyers we have heard every excuse in the book. Some of the most popular excuses include the following: “I am too young for Estate Planning,” “I don’t have any money to protect and therefore don’t need an Estate Plan,” and “I don’t have the time or money to spend on Estate Planning.” We decided to gather up some of the statistics found around the web on estate planning and put them in this infographic below. We want to help people understand the risks of procrastinating estate planning and how putting a plan in place could save you and your family thousands of dollars. What are some other reasons you think people avoid estate planning?
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