How to Avoid Procrastination in Estate Planning

When it comes to estate planning, it’s time to get organized.
(credit: Martha Stewart)

1) Set reasonable goals
Maybe your first month of planning will be dedicated to your will, life insurance or understanding of estate taxes – but make sure that you divide up your goals by setting gradual deadlines. It will make the progress much more tangible and attainable.

2) Visualize
Where do you want to see yourself at the end of the year in relation to your estate planning? What about in five or ten years? Imagine what it will be like to be in that place—creating a vivid picture—and you’ll get there sooner than you think.

3) Don’t do it alone
No one is born knowing how to plan an estate. While the process is intimate, remember that there are always attorneys, friends and family members who can work beside you.

What would you like to know about estate planning? We look forward to your comments below!

More SevenPonds’ “Practical Tips”:

• Estate Planning After Death: The Questions to Ask
• Estate Planning: How can you ease the uncertainties that can arise with settling an estate?
• Memorial Planning Ideas: The Memory Jar