Myth No 4

MYTH No. 4:  I don’t have to coordinate my retirement accounts or insurance policies.  Many people believe that since their IRA accounts and insurance policies are controlled by beneficiary designation (rather than by the terms of a Will), they do not need to...

Myth No 3

MYTH No. 3: I’m married so everything will go to my spouse anyway.  Married couples often delay establishing an estate plan because the default rules of many states designate that everything passes to one’s spouse at death. However, many couples travel together,...

We’re Not Too Young At All

MYTH No. 2: I’m too young to worry about estate planning.  Many young adults think they are healthy and invincible and therefore do not need an estate plan.  Others feel that since they do not own any significant property, they do not need a Will.  While a...

1% and More

This month we will focus on the most common misconceptions when it comes to estate planning.  MYTH No. 1: Estate planning is only for the wealthy.  It is true that the estate tax exemption threshold is at a historical high, and therefore only affects people dying with...