Misinformation – Intro
The best gift you can give your loved ones is to have your Estate Planning complete.
The best gift you can give your loved ones is to have your Estate Planning complete.Unfortunately, to a great extent, misinformation about critical terms such as inheritance tax, estate tax, probate, avoiding probate, simple will, living will, and living trust, tends to lead to misunderstandings of estate planning. These misunderstandings, in turn, tend to lead to mistakes in estate planning. These mistakes, again, in turn, tend to lead to unintended results after one’s death
In an effort to eliminate such misinformation, misunderstandings, and mistakes,this article – and the upcoming posts – will hopefully serve as a primer – in very simple terms – of the basic, core issues of estate planning and its basic documents.