Consider Your Estate Plan To Be Finished?
Consider Your Estate Plan To Be Finished? Estate Planning Lawyer You might believe that your estate plan is complete if you are one of the minority of US adults who has created a will, living trust, and other end-of-life documents. However, you might wish to reconsider. A live set of documents, an estate plan should be routinely updated and reviewed. Even if you are careful to update your estate plan over time, there may still be details that you have overlooked. Your estate plan depends on other people, including beneficiaries and authorized decision-makers. It’s crucial to think about both what could happen to them and what could happen to you. You might have forgotten about other elements of your estate strategy as well. Even the best-laid plans might fail, but paying attention to the smallest details can enable your ultimate wishes be carried out. Making decisions A well-considered estate plan includes a number of people you name to carry out your stated desires. They consist...