High profile estate planning disasters you can learn from
Forbes has an excellent article entitled “What We Can Learn from Celebrity Estate Planning Gone Wrong“. Although it is dated in 2012, the scenarios and advice are timeless.
You won’t believe the names of people who failed to appropriately plan, including some who should have known better such as former Supreme Court Justice Warren Burger. In a one-page, personally typed “Last Will and Testament”, the nation’s one-time top jurist got it all wrong.
This article contains 5 common estate planning mistakes made by farmers. Yes, farmers have special considerations when doing estate planning. Everyone has special considerations. There is no cookie-cutter approach to estate planning. There is also no cookie-cutter approach to acting as surrogate or successor for someone who has named us in estate planning documents. We tailor our services to each client’s individual needs.
Moral of the story: There is no substitute for professional estate planning and administration. A good estate plan includes good decisions and clear direction on who will handle your affairs when you are unable to do so for yourself. Dawning Horizons offers a full spectrum of services to fill this critical need. Contact us to schedule an appointment to discuss how we can be part of your successful estate plan.