Estate Planning Basics

Hardly a week goes by without news of a celebrity dying intestate, breaking up families and enriching their lawyers. Maybe you are smarter than that. You have a Will and you have appointed a Power of Attorney for Finance and Health Care. But unless you regularly update these documents and beneficiary designations, your heirs could find themselves in legal trouble after your death or paying more than they would have in taxes (we’ll cover that too). Even worse, some of your assets may end up in an illegitimate heir.

Leave a Comment