Step by Step Guide to Estate Planning
This is your practical estate planning guide. Learn each and every step that is necessary to create, update and maintain a comprehensive foundational estate plan, from what you need to do before and during the drafting of the plan to the important things that you need to do after the plan has been completed.
Estate planning should be approached in the same manner that you would approach any other important decision in your life. Learn the steps that should be followed to establish and maintain a practical and common sense estate plan.
When considering if you need to hire an estate planning attorney, remember this: estate planning is serious business. One wrong word or one missing signature can change the entire intent of an estate plan.
Now that you understand why you need to hire a qualified estate planning attorney, how do you find one? Here's a list of ways for you to try.
Once you've located a prospective estate planning attorney, you'll need to ask the attorney this list of important questions before you hire him or her as your attorney and trusted advisor.
Once you've assessed your need for an estate plan and selected an attorney to work with, you'll need to create your foundational estate plan. In order to put your foundational estate plan together, there will be things that you'll need to do and many important decisions that you'll need to make. Here's a list of what they are.
Estate planning is a process that consists of ten distinct steps. Learn what these steps are so that you, along with help from your estate planning attorney, can create a good estate plan.
At some point every business owner will want to "exit" their business. Many times, however, the owner won't be able to leave voluntarily. Without a proper business exit planning strategy, the involuntary loss of a key person can devastate a business by forcing liquidation during a chaotic time. Here are the six steps to follow to create a sound plan for exiting your business.
Once you have your foundational estate plan up and running and your assets funded into your Revocable Living, your estate planning shouldn't stop there. Day in and day out things will happen that will affect your estate plan. Here's what.
As an estate planning attorney, I contact my clients once a year through an annual review and maintenance program in order to remind them to think about their estate plans and any changes that may be needed. Unfortunately, not all estate planning attorneys have this type of program, so here are the top six reasons why you should consider updating your estate plan.
