The information in this column is not intended as legal advice but to provide a general understanding of the law. Any readers with a legal problem, including those whose questions are addressed here, should consult an attorney for advice on their particular circumstance.
This week, I will provide tips for getting your estate plan organized. Before you sit down with your estate planning attorney, you should do a few things to make the process go as simply as possible.
First, you need to define your goals. If you were to pass away, who would you want to inherit your assets? If one of these beneficiaries were to predecease you, who would be your backup choice as a beneficiary? How and when would you want these assets to be distributed? These are some basic goals to address…