Debunking Common Misconceptions about Estate Planning

Estate planning is about establishing the proper safe guards to ensure your loved ones are cared for and protected in the event that a tragedy occurs. Though this process will provide you and your loved ones with peace of mind it is so often put off due to some misperceptions. In this post, expert NJ attorneys will ease your mind as we debunk the three most common misperceptions.

  1. You don’t think you are wealthy enough to have an estate plan: Despite their association with the rich and elite, estate planning is not just for the wealthy. Take a look at your life right now. Do you own any assets? A bank account? A vehicle? A home? Do you have a family you need to provide for? If you answered “yes” to any of these questions then you need an estate plan – it’s that simple.
  2. I’m too young: As scary as it may seem, life can bring about unexpected events.  No one is immune to the possibility of a tragic accident or terminal illness. A comprehensive estate plan gives you peace of mind and a sense of certainty in a more and more uncertain world. In addition, it’s also far easier and more inexpensive to start estate planning while you are younger and generally have a far less complex financial situation.
  3. It’s too complex: Estate planning is a complex legal procedure and trying to decide if you need a Living Trust, a Last Will and Testament, a Power of Attorney, or all of the above, is not an easy decision to make. Fortunately, that’s where legal assistance from experienced estate planning attorneys will help smooth the way. By looking at your situation in-depth, we can help you decide on the right course of action and develop a customized estate plan which ideally meets your needs and provides the proper protection for your assets.

Easy estate planning with our New Jersey law firm

If you want to find out more about estate planning and the benefits thereof, the law firm of Sedita, Campisano & Campisano, LLC can offer you expert estate planning advice. In addition, we can assist you with creating a trust, Last Will and Testament and drawing up Power of attorney documents. For more information, please contact us today.

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