5 Lies People Tell Themselves About Their Estate Plan

Glenn Metecun, CELA, is certified as an Elder Law Attorney by the National Elder Law Foundation. Here are some talking points the myths about long-term care:

1. ”I don’t need an estate plan because I don’t have a lot of money.”
2. “I don’t need to update my estate plan because nothing has changed.”
3. “My beneficiary designations are in order.”
4. “I know my trust is fully funded” (most don’t have all their assets inside it.)
5. “I don’t need an estate plan because my kids will do the right thing.”

These are 5 of the biggest lies we tell ourselves. Proper planning and making sure that you take care of yourself AND your family after you’re gone.