Save Your Estate

Why should the government or anyone else direct what happens with your estate assets? Why should a court, a stranger, or someone other than your choice make the medical and financial decisions for you if you become sick and incapacitated? Why should anyone other than your spouse, life partner, or the one you choose make the decisions about your illness, hospital visits, your funeral and what happens to your estate?

Sunday, April 29, 2012

Errors in Estate Planning - #1 Not Starting

The biggest error most people make is the failure to actually sit-down with your tax and estate planning attorney and at least prepare a Will. There is always an excuse - "we can't agree on..." "I have to straighten out my finances" "I don't have enough" "as soon as I lose weight"(really, I've gotten this one every year!)

The result is the same; more than 70% of Americans die without a will. This causes the government to decide where their assets will be left. It also results in paying money for Executor's Bonds and leads to confusion and fights.