Estate Planning Mistakes - The Will

Earlier this year, Forbes ran a series of articles about the 7 top estate planning mistakes.  The articles were thoughtful and well written, and I agree with each one.  This is a link to the first part:

Forbes: Estate Planning Mistakes Series - Part 1, The Will

As the article states, while a Will is essential to any estate plan - typically what we call a "Pour-Over Will" - it is not the only document you need.  More importantly, if you are trying to avoid the probate process, a Will does not do that.  Rather, a Will directs a probate proceeding.  That is, it addresses issues such as who will be the Executor of your estate, whether or not a bond is required, and who will receive your property, among other things.

If you think a Will is all you need, let's talk.  There are many reasons to add other documents to your plan.  Believe me, your family will thank you.