Must Read Lisa McGraw, Esq. Must Read Lisa McGraw, Esq.

ESTATE PLANNING CHECKUP: IS YOUR ESTATE PLAN UP-TO-DATE?

While you almost surely understand the importance of creating an estate plan, you may not know that keeping your plan current is every bit as important as creating a plan to begin with.

In fact, outside of not creating any estate plan at all, outdated estate plans are one of the most common estate planning mistakes we encounter. We’ll get called by the loved ones of someone who has become incapacitated or died with a plan that no longer works because it was not properly updated. Unfortunately, once something happens, it’s too late to adjust your plan, and the loved ones you leave behind will be stuck with the mess you’ve left, or they could end up in a costly and traumatic court process that can drag out for months or even years.

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Must Read Lisa McGraw, Esq. Must Read Lisa McGraw, Esq.

5 SMART WAYS TO PAY FOR YOUR FUNERAL THAT WON’T LEAVE YOUR FAMILY TO FOOT THE BILL

With the cost of a funeral averaging between $7,000 and $12,000 and steadily increasing each year, at the very least your estate plan should include enough money to cover this final expense. And if you are thinking of simply setting aside money in your will to cover your funeral expenses, you should seriously reconsider, as paying for your funeral through your will can create unnecessary burdens for your loved ones.

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Must Read Lisa McGraw, Esq. Must Read Lisa McGraw, Esq.

Preventing Family Conflict and Disputes Over Your Estate Plan

No matter how well you think you know your loved ones, it’s impossible to predict exactly how they’ll behave when you die or if you become incapacitated. No one wants to believe that their family members would ever end up fighting one another in court over inheritance issues or a loved one’s life-saving medical treatment, but the fact is, we see it all the time.

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Must Read Lisa McGraw, Esq. Must Read Lisa McGraw, Esq.

Have You Made one of These 6 Common Mistakes That Could Leave Your Kids in the Care of Someone You Would Never Choose?

Here are the 6 common mistakes most parents (and their Lawyers!) make when naming guardians. If you’ve made one of these 6 common mistakes, not to worry; we have solutions! Schedule a consultation and see what you can do to make sure your kids would always be taken care of by people you know, love and trust.

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Must Read Lisa McGraw, Esq. Must Read Lisa McGraw, Esq.

Probate: What It Is? And How To Avoid It! —Part 1

Unless you’ve created a proper estate plan, when you die many of your assets must first pass through the court process known as probate before those assets can be distributed to your heirs. Like most court proceedings, probate can be time-consuming, costly, and open to the public, and because of this, avoiding probate—and keeping your family out of court—is a central goal of most estate plans.

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