In this week’s podcast of Life Happens Radio, Attorneys Lou Pierro and Rebecca Cerny share tips and tools to avoid the most common estate planning downfalls.
Estate planning may seem simple to some, but there are certain traps that are easy to fall into. For example, if you are in a second marriage, it may seem fair to name both your adult child and new husband or wife as Health Care Proxy. However, this can cause complications down the line if the two parties don’t agree on a plan of action- even if they otherwise have a good relationship. Choosing one person you trust can save stress on everyone.
Some other common Estate Planning mistakes Lou and Rebecca discussed:
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