Failing to Name More Than One Successor Trustee / Personal Representative Estate planning is about “what if?” Your plan should include designated backups / alternatives for all of the key players, including successor trustee / personal representative. Estate plans fail because people make presumptions about the order of death and availability of people to take…
Tag: Power of Attorney
#6 of 25 Common Estate Planning Mistakes – Attorney
Not Working with an Experienced Estate Planning Attorney Many people attempt to save money on estate planning by getting a do-it-yourself trust agreement online. Or selecting the attorney who offers the lowest price, regardless of experience. A better value is to work with an experienced estate planning attorney who will craft your estate plan to…