The Pitfalls of Do It Yourself Estate Planning

During a 2013 Northwestern Mutual webcast, one-third of those watching indicated that they have either drafted their own estate plan, or know someone who drafted their own estate plan. Whether these do-it-yourself estate plans are created through online programs or drafted by hand, a recent article explains that they can quickly become problematic. A simple […]

The Estate Planning Prescription Pad

I work with a fair number of financial advisors, insurance professionals and CPA/accountants. One of the services I provide for those valued planning partners is to review their client’s existing estate plans (where I was not the attorney or scrivener) and give my opinion on the documents they have. The review is my way of […]

Top 4 Approaches To Estate Planning

In my experience, people choose 1 of 4 approaches regarding their estate planning. 1) Do Nothing. By far, this is the largest segment of the population. I often speak to local mom’s groups (younger market) and service organizations (older market). These are workshops where there is just as much a chance that someone’s done estate […]

Making a Will

If you’re thinking about making a will, here are few things that you should think about before drafting the will (or having an attorney help you think about these things and draft the will for you): 1.  What assets will you be putting in the will? Take an inventory of your significant assets.  These should […]

Top Tips for Selecting an Estate Planner

Having practiced in this area for a while, here are some practical tips for selecting an estate planner. I promise that this is not a thinly-veiled way of describing my practice. Although we have many of these qualities, I believe that these tips have universal value. 1. Select an attorney who is an excellent listener. […]