- Does your plan avoid probate?
- Does your plan fulfill your estate planning goals?
- Does your plan address any potential estate tax?
- Does your plan protect your assets from a remarriage of a spouse?
- Does your plan protect your inheritance for a divorcing child?
- Does your plan integrate your retirement funds?
- Have you reviewed your estate plan in the last year?
If you answered "No" to any of the above, you should schedule a complimentary initial consultation or review of your existing estate plan to learn about how to change all the answers to "Yes". If you work with a Financial Advisor, feel free to invite them.
Does your plan avoid the top ten mistakes in estate planning:
- Failure to Identify Goals, Aspirations and Desires;
- Failure to realize that a will guarantees probate;
- Failure to do own estate plan (i.e. will or trust);
- Failure to choose the correct fiduciary;
- Failure to properly title assets;
- Failure to protect from creditors/predators;
- Failure to plan for your own disability;
- Failure to plan for Wealth Reception;
- Failure to plan for personal property; and
- Failure to maintain or update.