Unanticipated disasters, such as economic downturns and the Japanese earthquakes and related nuclear problems, point to the urgent need of assessing your estate plan. A complete estate plan addresses your top priorities if you die or become incapacitated. Planning now will alleviate problems later when something happens to you.<\/p>\n
Financial planners suggest making a list of assets and the location of bank records, loan details, insurance policies and other vital documents. Good financial planners will refer you to a competent estate planning attorney to plan who will be your appointed heirs or beneficiaries, personal representative (executor), and agent under power of attorney documents.<\/p>\n
Charles Schwab, for example, correctly states that only an estate-planning attorney can create a will, trust, power of attorney and other documents to truly carry out your wishes. Legal counsel is particularly important for an individual who has children from a prior marriage or concerns should a surviving spouse remarry. (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Unanticipated disasters, such as economic downturns and the Japanese earthquakes and related nuclear problems, point to the urgent need of assessing your estate plan. A complete estate plan addresses your top priorities if you die or become incapacitated. Planning now…<\/span><\/p>\n