If I write a Will, I’m more likely to die.

If I ignore IHT planning, I won’t have to pay IHT.

If I put my hands over my eyes, you can’t see me.

Many people, at one time or another, have probably entertained some of these myths.

At Einstein Afterlife, we understand that addressing the future, especially in the context of writing a Will, isn’t always easy. This hesitation is more common than you might think, and it’s deeply rooted in a psychological concept known as Terror Management Theory (TMT). TMT suggests that our natural awareness of life’s impermanence can lead to a state called “mortality salience” – a fancy term for the anxiety that arises from thoughts of our own mortality.

Facing the idea of our own end of life is daunting. It’s a phenomenon that affects many of us and can lead to putting off important decisions, such as Will writing and estate planning. However, while it’s a natural reaction to avoid discomfort, postponing these decisions can have significant implications for the future financial well-being of your loved ones.

Planning now can provide significant savings for your family, potentially reducing or even eliminating the Inheritance Tax (IHT) that can significantly impact your estate’s value.

Remember, it’s completely normal to feel reluctant about this process, but it's something you do need to consider and the sooner you start planning, the easier it is. By taking action today, you can secure a legacy for your family tomorrow.