These all-too-common misconceptions can steer your estate plans in the wrong direction right from the start. Here’s how to overcome them and tips to build the right plan for your family.
by: Christopher D. Wright, JD, CPA
Estate planning should be a fairly straightforward exercise in taking stock of what has been accumulated and making sensible determinations as to how best to leave a lifetime’s legacy in good hands.
We all know the reality is often different, and it is easy to understand why — misconceptions, often based on emotions, arise and get in the way. These emotions — whether they be the pressure of time or the perceived need to be fair and equitable — are what cloud rational decision-making just when it is most needed.
To continue reading, click here…