The most significant error one can make in estate planning is simply neglecting to engage in the process. Unfortunately, many individuals postpone estate planning due to its emotional weight. However, failing to prioritize this crucial task jeopardizes the financial well-being of your estate, the continuity of your legacy, and, most importantly, the welfare of your loved ones.
Part of the attorney’s responsibility is to ensure your comprehension of the plan, its implementation steps, and its implications for both you and your beneficiaries. Should questions arise, it’s essential not to attempt to navigate through uncertainties alone. You can get the answers you need from your attorney by asking questions and seeking clarification as you navigate planning your estate in Missouri. Don’t hesitate to seek clarification if any aspect seems unclear.
It is paramount that you understand the intricacies of your plan, so you can ensure your plan is exactly what you need. Even those individuals who are typically detail-oriented and knowledgeable may adopt a passive stance during estate planning sessions. If you relying solely on the planner to ensure the plan accomplishes your goals, you will miss out on the collaborative process. You should comprehend every legal document you sign and take steps to fully implement the estate plan once leaving the attorney’s office.
If you have yet to initiate your estate plan, you’ve waited a long time since your last update, or a significant life change has occurred, it’s crucial to dedicate the time to plan. We offer a complimentary consultation to review your existing plan, discuss your estate planning objectives, or initiate the creation of a new plan! Schedule your appointment online or contact our office at 816-399-2757.