by: Don Johnson
As you begin to think about your estate plan, you will need to consider the persons that you would like to have involved in your plan. Obviously, this includes your beneficiaries—those persons that you would like to receive property from your estate. Not so obvious are those persons that you would like to serve as executor, trustee, and guardian. While not as frightening as lions, tigers, and bears, thinking about those persons that you want to serve as your executor, trustee, and guardian may be worrisome. Having a general understanding of the roles and responsibilities of each will help you navigate the road towards a sound estate plan.
Preparing for Your Estate Plan
By: Don Johnson
What do I need to bring with me to the initial appointment? This is a question that I often hear from clients after scheduling an appointment to discuss their estate plans. Although the answer depends upon each client’s individual circumstances, there are a few pieces of information that everyone should have in mind when preparing to put together their estate plan. Knowing what your assets are, how the assets are titled, and whether the assets have a designated beneficiary will be beneficial to you and your attorney when discussing your estate plan. Below are some general comments about each of these items.
What do I need to bring with me to the initial appointment? This is a question that I often hear from clients after scheduling an appointment to discuss their estate plans. Although the answer depends upon each client’s individual circumstances, there are a few pieces of information that everyone should have in mind when preparing to put together their estate plan. Knowing what your assets are, how the assets are titled, and whether the assets have a designated beneficiary will be beneficial to you and your attorney when discussing your estate plan. Below are some general comments about each of these items.
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