estate planning myths 2025 Archives | Davenport & Associates

Reasons people avoid estate planning 2025

Top 5 Reasons People Avoid Estate Planning in 2025 – And Why You Shouldn’t

Why 70% of Americans Skip Estate Planning It’s startling: 70% of Americans lack a basic estate plan, leaving families vulnerable to court battles, frozen assets, and lost legacies. For every American, this oversight risks everything you’ve built. At J. Davenport Legal, we see the same excuses repeatedly. What are the top reasons people avoid estate… View Article

common estate planning misconceptions 2025

Common Estate Planning Misconceptions in 2025: Don’t Let Myths Cost Your Family

Common estate planning myths still persist in 2025, with only 33% of Americans having a will or trust, down 6% from 2023. From what we have heard from our clients at Davenport & Associates, these misconceptions can lead to costly mistakes like probate fees averaging $10K or tax losses up to 40%. If you’re thinking… View Article