Estate Planning Explored

by | Oct 29, 2013

Estate Planning Explored

By: Barry E. Haimo, Esq.
October 29, 2013

Most people regard estate planning as planning for death, whereas I characterize it as planning for life. When confronted with the thought of estate planning, people’s focus tends to migrate to death and Last Will and Testaments. The reality, however, is that people that have lived through Probate (watch a short video here) and the fallout that results from a poorly planned estate have a deep understanding of how estate planning affects the survivors of the departed. There’s a sense of chaos and commotion that occurs that has the tendency to disrupt even the most harmonious of families; whether it’s identifying assets and creditors or dealing with attorneys, accountants and other professionals, failing to plan takes its toll on the family. Action relating to important matters must be taken to address and resolve issues in a timely manner; all while trying to grieve. Instead of thinking about estate planning as relating to death, think of it as planning ahead to provide for your family during life and ensure that their transition is as easy as smooth and seamless as possible. Planning ahead for your family’s future demonstrates command of the ultimate responsibility. Here’s a short presentation highlighting a proper basic estate plan.

Prezi Presentation (http://bit.ly/BasicEstatePlanning101)

Author:
Barry E. Haimo, Esq.
Haimo Law
Strategic Planning With Purpose
Email: barry@haimolaw.com
LinkedIn: http://www.linkedin.com/in/bhaimo
Google+: https://plus.google.com/u/0/+BarryEHaimoLaw/posts
YouTube: http://www.youtube.com/user/haimolawtv

YOU ARE NOT OUR CLIENT UNLESS WE EXECUTE A WRITTEN AGREEMENT TO THAT EFFECT. MOREOVER, THE INFORMATION CONTAINED HEREIN IS INTENDED FOR INFORMATIONAL PURPOSES ONLY. EACH SITUATION IS HIGHLY FACT SPECIFIC AND EXCEPTIONS OFTEN EXIST TO GENERAL RULES. DO NOT RELY ON THIS INFORMATION, AS A CONSULTATION TO UNDERSTAND THE FACTS AND THE CLIENT’S NEEDS AND GOALS IS NECESSARY. ULTIMATELY WE MUST BE RETAINED TO PROVIDE LEGAL ADVICE AND REPRESENTATION. THIS INFORMATION IS PROVIDED AS A COURTESY AND, ACCORDINGLY, DOES NOT CONSTITUTE LEGAL ADVICE.

CALL NOW