John B. Whalen Estate Planning Law Blog on Lawyers.com

PA Estate Planning and Pointers?

Wednesday, February 4, 2009 by John B. Whalen

Photo of John B. Whalen

~ ~ ~

Be aware of a few basic pointers when facing your Estate Planning.

For more from my Websites: http://johnbwhalenjr.com ~ http://whalenwillslaw.com

~ ~ ~

~ ~ ~

~ ~ ~

~ ~ ~

  • Assets ~ Title your assets with utmost care and know how your assets are titled or "owned" (i.e., in your own name alone, whether they have joint owners, and/or whether they have beneficiairy designations);
  • Transfers ~ Get professional advice before you "re-title" or "transfer" your assets because you may be changing the ownership and/or the "titles" of your assets (i.e., before the "bombs" go off);
  • Fiduciaries ~ Pick those "in charge" of your Estate Planning documents (your "Fiduciaries") very carefully (do they have the required "traits" or "characteristics" to fulfill their duties when the time arrives?); and
  • Documents ~ Keep your Estate Planning documents current and up-to-date, and always remember that laws, taxes, and people change constantly and consistently.
 
Posted at 02:29 AM
Topic: Estate Planning
Lawyers.com Blog

Lawyers.comSM Blog

Get an inside view of
Lawyers.com

Blog Topics

Bloggers

Archives

Recent...