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ID:410
Title:Estate Planning Mistakes - http://feeds.feedburner.com/~r/MoneysmartzPersonalFinanceBlog/~3/88660806/estate_planning_mistakes.php
Description:

The Moneysherpa PagesProviding for your family through estate planning can be very a complicated and confusing process, even for financial professionals. Michael T. Ohlman, columnist for the Bradenton Herald, compiled the following list of estate planning mistakes to watch out for:

Not funding your living trust.

Too much JTWROS property.

Leaving too many assets to a surviving spouse.

Not equalizing assets through gifts between spouses.

Not having a will.

Improper ownership of life insurance.

Being donor and custodian of a uniform-gift-to-minors-act/uniform-transfer-to-minors-act account.

Not knowing where all the "stuff" is.

Naming the wrong executor.

Not periodically updating an estate plan.

This list should be a helpful reference as you fine-tune your estate plan or work with estate planning experts to create your estate plan for the first time.

Category:Finance
Link Owner:
Date Added:February 09, 2007 09:50:39 PM
Number Hits:0
 
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