We all know we need one, but how many of us follow through? Not enough, that’s for sure.
Estate planning is one of procrastination’s favorite victims. Americans continue to neglect their end-of-life preparations, despite growing awareness of how unwise that can be. Sickness and death aren’t the most pleasant topics under the sun, after all. When the number of “tomorrows” seems unlimited, it’s easy to put off the unpleasant for the future.
But just how widespread is the procrastination problem? A new survey from Caring.com assigns some numbers to the situation:
Interestingly, the survey also looked at how preparations break down along demographic lines. Some of the more interesting observations include:
…Take from those findings what you will! The more important takeaway here, though, is that there are simply too many people who haven’t given estate planning the serious consideration it demands — either for themselves or for their parents.
Life can change in the blink of an eye. When that happens, you’ll be glad that you have preparations in place — or that you know the details and whereabouts of your family’s most important documents and affairs.
Here at Medina Law Group, we’re encouraging anyone who might fall within the percentages above to join a new group! Even if you’re part of a majority, you can take proactive steps now to spare yourself from real headaches in the future.
Don’t make the mistakes of the majority! Give us a call to find out how you can start strategically protecting your family today.