Currently, more than 60 percent of American adults are cruising through life without an estate plan. The reason behind this varies from person to person, but it’s not too hard to understand why people procrastinate or avoid settling their affairs.
The thought of not being on this planet and dying isn’t exactly pleasant. Imagining a future where you aren’t there to take care of your loved ones is a hard pill to swallow. To protect themselves from facing the fact of their own mortality, people avoid estate planning in Brooklyn.
On the other hand, people don’t think they need one. They make assumptions based on misinformation and myths. Unfortunately, many people fall victim to these misconceptions, leaving their family and loved ones scrambling to make sense of what to do.
Here are some common myths about estate planning in Brooklyn lawyers hear frequently. If any of these are familiar to something you’ve heard before, it will do you a favor to reconsider your choices.