Estate Planning: Fail To Prepare Then Prepare To Fail

Over the course of the last 5 days or so I’ve been bombarded with messages about the “Storm of the Century” coming to Seattle.

I’ve seen news coverage speaking of downed power lines.

I’ve seen video of empty shelves of water at the grocery store.

And I’ve heard countless stories of people stocking up on batteries, canned food, and even buying generators costing thousands of dollars.

And for what?

A few days without electricity?

A minor inconvenience?

Yet, people fail to plan for the things in their lives that actually be catastrophic if and when they occur.

Failing To Plan Your Estate

For example, failing to do an estate plan can have catastrophic results for you and your family.

Can you answer these questions?

What happens to you and your family if you are injured and are severely disabled for several months?

Who pays the bills?

Who accesses the bank accounts?

Who takes care of the things that no one else even knows about?

Next, what happens to your family if you die?

Is there enough money to support your family?

To keep your family in your home?

To maintain your lifestyle?

And does everyone know who is in charge of taking care of everything?

A Lack of Urgency is to Blame

The culprit in all of this is a little thing called urgency.

You can see clearly that the storm is coming. You know it will arrive in 72 hours. That makes it easy to get up off the couch and go get those batteries.

But estate planning is different.

No one knows when they are going to die. No one knows when they are going to get into that accident.

So putting it off another day seems like the smart thing to do.

Until it isn’t.

Yes, I’d love it if you considered using me for your estate planning needs. But, if you don’t use someone.

It could mean the difference between success and failure for your family.

FREE Ebook: 7 Estate Planning Mistakes Every Family Should Avoid

Cheers,

Christopher Small

P.S. Don’t forget to check out my free ebook: “7 Estate Planning Mistakes Every Family Needs to Avoid.” It’s packed full of helpful information to help you get everything you want out of life (and after life).

Christopher Small is a Seattle estate planning lawyer who helps people get rich and live forever. He is also the owner of CMS Law Firm LLC.