Human beings, for the most part, love their lives. We plan and keep planning for all the big milestones to come ahead. When we’re younger, our plans for the future consist of planning school dances, where we’ll go to college, and the people we’ll meet and befriend.
As we grow older, our plans become more complicated and serious. We have partners to think about, possible nuptials, and whether we want to have children. But life doesn’t stop there, we have to think about the time we are old and gray.
But there is one aspect of our life we don’t like to think about – our mortality.
Facing the inevitable possibility of your death and leaving behind your loved ones to fend for themselves is overwhelming and daunting. It is in these instances the cliché of “ignorance is bliss” feels comforting.
This is the reason why many people ignore the vital requirement of estate planning in Brooklyn. Currently, less than 40% of adults in the U.S. have a will or trust, with the number decreasing significantly for younger age groups.
As estate planning lawyers in Brooklyn, we’ve heard many reasons why people delay planning their estates and securing themselves and the people they love and hold dear. Here are some of the most common reasons for the delay, in no particular order: