Estate planning can be challenging for the single person. A lot of decisions need to be made and often this is the last thing on a person’s mind. While it may be tempting to ignore this phase of planning, but having a sound estate plan in place reduces stress and anxiety on the family and survivors.
[Estate Planning]
Estate planning help you in handing over your legacy to survivors with minimal dispute!
Living Will and Estate Planning
Challenges in Estate Planning
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- Estate planning law varies by state and understanding interstate laws could be confusing
- Building contingencies and flexibility in the estate plan that can adapt to an unknown future and be responsive to changes that may come up could be quite complicated
- Connecting Assets to the Estate Plan to ensure that asset ownership and beneficiary designations are properly coordinated with the estate plan and will go smoothly