Myth : An idea or story believed by many people that is not true

The true situation, the real situation

What follows are twenty-one of the estate planning myths estate planning attorneys encounter on a regular basis. These myths are followed by the reality behind such myths. I will explain why the myths are untrue. While not every person has heard (or believed) every one of these estate planning myths, I’ve rarely encountered someone who has not heard, believed, or even espoused at least some of these misconceptions.