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What You Need to Know About Estate Planning

A recent US News and World Report blog succinctly states What you Need to Know About Estate Planning (online at http://www.usnews.com/mobile/blogs/alpha-consumer/2011/9/26/what-you-need-to-know-about-estate-planning.html). Taking excerpts from The Wall Street Journal Complete Estate Planning Guidebook, the author states:

  • “Everybody needs to think about estate planning.”;
  • “The number one [estate planning] mistake is not doing anything at all.”;
  • “[T]he safest thing to do” is to see an estate planning lawyer rather than attempt do-it-yourself planning.”;
  • “People should review their estate plans “often – at least every three years.”

This is a simple yet straightforward article on the importance of estate planning for everyone – and on the need to review existing estate plans frequently.

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