Mistakes Can Happen When You Focus Only on Money and Financial Planning

Money and financial planning obviously go hand in hand and estate planning must be added into the mix as well. However, being too focused on money can lead to your goals being missed. Social capital is equally important, which refers to a person’s ability to relate constructively to the world in which they live. People who have plenty of social capital are able to positively influence others.

Many of the people who have excellent social capital are those who are quieter souls, who are those who simply inspire those around them to live better lives. You can probably think of a couple of examples of people who have a great deal of social capital already because they engage in life and serve others.

These forms of social capital, in addition to the money that’s been set aside to influence your loved ones in the future, can help you to accomplish your goals and ensure that you are leaving a legacy behind for those who care about you. The good news is that mistakes in estate planning don’t have to be the norm. They can become a thing of the past.

Leaving behind a legacy can be complicated without the support of an experienced estate planning attorney.