When it comes to estate planning, many people aren't sure where to begin or don't care to begin at all. There are a lot of misconceptions about legal estates, so it's important to learn more about what they are and why they're important. The right estate planning lawyer can help you with each step in the process, so it's not as challenging as some may believe. Here are some examples of common estate planning myths and why they are untrue.

1. You Don't Have to Worry About Estate Planning if You're Young

While you likely have many years ahead of you in your early adulthood, life is still unpredictable. Even if you don't plan on writing out your will in your twenties or thirties, it's still smart to begin considering it and what you want to include in it. For instance, if you get married and have children, you should highly consider writing a will so that your assets will be left to your spouse or children, distributed as you'd like.

2. Having a Will Is Only for Rich People

Another common misconception is that wills are only for people who have many assets. As a matter of fact, according to Planned Giving, around 32% of people don't have a will written because they believe that they don't have enough assets to leave to family members. However, a will is so much more than a list of material goods to leave behind. It also includes things such as whether or not you'd rather be buried or cremated and what you would want to happen to you if you became incapacitated.

3. Estate Planning Is a Long and Expensive Legal Process

Estate planning can seem like a difficult process, but with the right legal firm, help is guided along the way. As long as you have an idea of what you want for your future and your relatives' futures, writing a will is not a super difficult process. Also, many local estate planning attorneys provide consultations, so you know what to expect before you begin the process.

Planning your estate is a very important part of your life no matter how young, old, rich, or poor you may think you are. There are several ways to get in touch with an estate planning lawyer to get your will sorted out as soon as possible. If you're ready to begin planning, call Hildebrand Law Firm LLC today for your legal assistance needs.