Did you know that our legal firm can help you avoid the mistakes and pitfalls that can prevent your loved ones from getting their fair share of your estate when you die? Estate planning may sound simple enough – all you need is a will, right? Not so fast. The truth is that estate planning requires careful consideration of elements such as the inheritance tax, the value of your estate, and the identification of an executor. You can avoid some common mistakes with the help of our top-notch estate planning team.
One of the biggest mistakes we see when it comes to estate planning is simple procrastination. Parents with minor children are particularly at-risk if they fail to prepare. Naming a legal guardian for your kids in the event of your death is a critical part of parenting – and procrastinating could lead to an undesirable outcome. Estate planning is for everyone – even if you do not have children or a large estate, taking the time to plan now will save headaches later on.
Our team can also help you avoid mistakes associated with failing to update your estate planning documents. Births, deaths, and divorces may affect your estate plan – but they will not have an impact if you do not make changes to the appropriate paperwork in your estate documentation. Similarly, our clients are encouraged to make sure that their beneficiaries agree across all estate documents, from wills to trusts and tax plans.
Creating a usable estate plan is difficult if you are not aware of the available mechanisms and tools within the legal system. That is why you should trust our team of attorneys to help you get the job done right! Do not leave your property distribution in jeopardy – give yourself the peace of mind by consulting our professionals today.