Feeling Behind on Estate Planning? Here’s How to Take the First Step

If you have reached a point in life where you do not yet have basic estate planning documents in place, such as a Will, Power of Attorney, or Health Care Proxy, the new year is a good time to think about getting started. Many people delay estate planning because they feel overwhelmed, unsure where to begin, uncomfortable thinking about the future, or even embarrassed that they have waited so long.

The good news is that you are still here and able to take action. Starting the process is often much easier than people expect. At our Massachusetts elder law and estate planning firm, we frequently hear clients say, “I know I should have done this years ago,” or “It feels like too much. I do not even know where to begin.” If that sounds familiar, this post is for you. We are here to help you, not judge you. As long as you are still competent, you aren’t too late to set up a solid estate plan.

Step 1: Know That You’re Not Alone and It’s Not Too Late

First, give yourself some grace. Life is busy, and estate planning often gets pushed aside. Whether you are 50, 70, or older, taking steps now can still protect you, your loved ones, and your assets. Some planning is always better than none, and even basic documents can make a tremendous difference during a medical or financial crisis.

Step 2: Take Inventory Without Trying to Be Perfect

You do not need to gather every document or remember every password before speaking with an attorney. A simple overview is enough to get started.

It is helpful to start by listing what you own, including:

• Your home and any other real estate

• Bank and investment accounts

• Retirement accounts, such as IRAs or 401(k)s

• Life insurance policies

It is also helpful to note whether any assets are owned jointly or have named beneficiaries.

Next, think about the people in your life:

• Who do you trust to make decisions if you cannot

• Who do you want to leave assets to

• Whether any loved ones have special needs or other concerns

Step 3: Identify What Matters Most to You

Every estate plan is different because every family and situation is different. Common priorities include:

• Making sure a spouse or children are taken care of

• Naming someone to make medical or financial decisions if you are unable

• Reducing family conflict or avoiding probate court

• Protecting assets from long-term care costs

• Planning for a loved one with special needs or a history of financial difficulty

If you are not sure what your priorities should be, that is completely fine. Our job is to help clients clarify their goals.

Step 4: Schedule a Consultation Even If You Feel Unprepared

Many people delay calling a lawyer because they believe they need to have everything figured out first. In reality, meeting with an attorney early often makes the entire process easier.

During a consultation, we explain what documents may be appropriate for your situation, such as a Will, Durable Power of Attorney, Health Care Proxy, or Trust, and why they matter. We also help you prioritize next steps and move forward at a pace that feels comfortable.

Step 5: Take the Process One Step at a Time

Estate planning does not have to happen all at once. Many clients begin with essential documents and expand their plan over time. The most important step is simply getting started. Once you do, most people feel relief rather than stress.

Final Thoughts

Estate planning is not just for the wealthy or the elderly. Every adult should have a plan in place to ensure their wishes are honored and their loved ones are protected. Taking the first step today can provide peace of mind and security for the future.

If you are ready to begin, we are here to help. Contact our office to schedule a friendly, no-pressure consultation and take the first step toward a plan that works for you.

Senior Solutions, Attorneys at Law, is an Estate Planning and Elder Law firm serving the Greater Boston, Massachusetts area since 2001. We are ready to help you with Medicaid Planning, Estate Planning, Probate, Guardianship & Conservatorships, Special Needs Trusts, and Fiduciary Services. We are here to help. Please call our office at 617-489-5900 or schedule a brief consultation by clicking the button below:

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