One of the many tremendous benefits of our membership in the American Academy of Estate Planning Attorneys is having a nationwide “brain-trust” filled with talented and knowledgeable attorneys. Director of Education Steve Hartnett is no exception. Part-one of his six-part series on important Estate Planning considerations talks about incapacity. Part two talks about the high cost of long-term-care, which we also detail in this blog. The third installment looks at the way your beneficiaries receive their inheritances and why different approaches need to be used for different people. It is critical that you consider the individual needs of your children or other beneficiaries when preparing your estate plan. Effective Estate Planning involves finding solutions that fit – in precisely the right way. We cover this idea in greater detail in our frequent, free Estate Planning Seminars (click here to learn about our next one). To read Attorney Hartnett’s take on the importance of how your leave your assets to your heirs see Part Three: Your Kids, (click here).
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