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Northwest Arkansas Estate Planning Attorneys (479) 443-0062

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Estate Plan Do’s and Don’ts (part 2 of 2)

September 15, 2011 by Deb Sexton Leave a Comment

While it’s important to take the time to create and update your estate plan, it’s also important to make sure that you keep on top of your affairs so that your plan continues to be effective.  We’ve outlined some estate planning don’ts to help you throughout your planning and throughout your lifetime.  Taking extra care to avoid the following mistakes will allow your plan to better meet your needs.  If you have any questions, contact a qualified estate planning attorney.

 

Estate Planning Don’ts

 

  • Don’t put off your planning. Many people assume that they will always have time to handle their affairs in the future.  Some people also have fears that keep them from planning.  Life events can be unexpected, so it’s important to handle your affairs as soon as possible.  Find the time to begin your estate planning so that you and your family are always protected.  Not planning means that you’re unprepared.
  • Don’t be afraid to ask questions. When handling your planning, you may be confused about certain estate plan terms, documents, or decisions.  It’s important to discuss your concerns and questions with your attorney so that you better understand your planning.  This will also allow you to make more informed decisions so that your plan meets all of your needs.
  • Don’t be careless with your documents. Once you create your estate plan, it’s important to store it in a safe place.  This will help to avoid damage or loss.  Consider giving a copy of your estate planning documents to a trusted loved one so that you have an extra copy available.  But, be sure to provide updates as they are made.

If you have any questions, or if you’d like avoid these estate plan “Don’ts,” consult with a qualified estate planning attorney.

  • Author
  • Recent Posts
Deb Sexton
Latest posts by Deb Sexton (see all)
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