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

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

For more from my Website: http://johnbwhalenjr.com/

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• 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.