Estate Planning: More Affordable Than You Think

Estate Planning: It's More Affordable Than You Think

One of the most common myths about estate planning is that it's too expensive. Many people assume that estate planning is a luxury that only the wealthy can afford. However, the truth is that estate planning can be affordable and accessible to everyone.

Why is estate planning important?

Estate planning is the process of preparing for the management and distribution of your assets and belongings after death. It involves creating legal documents such as wills, trusts, and powers of attorney to ensure that your wishes are carried out and your loved ones are taken care of, no matter what.

Without an estate plan, your assets may be distributed according to state laws rather than your wishes. This can result in unnecessary costs and delays, as well as leaving your loved ones with added stress and uncertainty during an already difficult time.

Is estate planning really too expensive?

Many people assume that estate planning is expensive because they've heard stories of celebrities with massive estates spending millions of dollars on their plans. However, for the average person, estate planning can be much more affordable.

The cost of estate planning varies depending on a number of factors, such as the complexity of your estate and the type of legal documents you need. However, our online estate planning service is simply a one-time fee that includes a full year's membership to make any necessary changes or adjustments. It also includes a plan for the entire family, so no more buying 2 sets of documents - yes, now is a good time to let out that sigh of relief.

Additionally, the cost of not having an estate plan can be much higher than the cost of creating one. Without an estate plan, your assets may be subject to probate, which can be a lengthy and costly process. Your loved ones may also have to pay unnecessary taxes, fees, and expenses that could have been avoided with a proper estate plan.

Conclusion

Estate planning is not a luxury that only the wealthy can afford. It's an important process that can help protect your loved ones and ensure that your wishes are carried out after you pass away. With clear, one-time pricing and the potential cost savings of avoiding probate, estate planning is more affordable than you might think. Don't let the myth that estate planning is too expensive prevent you from creating a plan that works for you and your loved ones.

Get started today at GoodTrust, and protect what matters most.