As a Colorado Online Wills Attorney, I often hear that statistics show over 70% of American’s do not have a Last Will and Testament. Most people know that they need a will or at least they have heard somewhere that it is a good idea, but they don’t take active steps to find out why it’s so important. I believe that there 3 main reasons why we, as American’s avoid creating our Last Will & Testament: 1) We are not educated on the advantages that having a Will provides or the disadvantages and unnecessary costs that arise when we don’t have a Will, 2) we are afraid that creating a Will is going to be expensive and that we would be better off spending the money on a new TV, vacation, etc. 3) We don’t want to, under any circumstances, think about our death. I want to take a closer look at each of these 3 reasons.
First, there is a lack of education when it comes to understanding the importance of having a Will. We know we need a Will but we are not sure what the big deal is. This blog is designed to be a free resource to educate Tennesseans regarding estate planning matters. Hopefully the information here brings some clarity to this topic and encourages you to take steps to protect your loved ones.
Secondly, we fear that having an attorney draft our Will is going to be expensive. However, www.RockyMountainWill.com allows clients to prepare their Colorado Will for a reasonable flat fee. Although a professionally drafted Will does cost money, it can also save your family hundreds if not thousands of dollars in unnecessary costs and delays upon your death.
Lastly, we, as Americans, do not want to think about death, especially our own. And really, who wants to think about death when there is so much life to be lived. But, the scriptures remind us to ponder the question, “What is your life? For you are a mist that appears for a little time and then vanishes” (James 4:14). Life is short, so we should live it to the fullest, each and every day. Bottom line, since it is short in the whole scheme of things, we should make it count for something. But, we should also take time to pause and ask ourselves if we have left our family with clear instructions for our estate once we pass away. Having a valid Will in place can give you the peace of mind to know that your family will be taken care of when the unexpected happens. So, although it’s not fun to think about our own death, it is important to make sure that our affairs are in order. What is more important is to ask the question in the above scripture “What is your life?” and then go live it.