Don’t Make These 3 Estate Planning Faux Pas
It’s easy to make a mistake when you are new to estate planning. That’s why you should always get the help of a professional when planning ahead for your future. Here are three of the big mistakes that people make regarding their estate plans.
- Not thinking about health care – You need to plan for your long-term care in case you are not capable of making your own decisions later in life. This gives you the opportunity to declare your wishes and appoint someone to carry them out for you.
- Not reviewing documents annually – You want to give your documents a once-over every year to make sure they still accurately reflect your wishes. If you have a major life change like a wedding, divorce, birth, adoption, or out of state move, then you should review everything again immediately. Remember that every state has its own laws on estate planning, which is why moving to a new state makes the list of otherwise much more significant events.
- Not doing it right away – The time for estate planning is now, before something unexpected happens. This will ensure that your family is well cared for, even if a tragedy occurs.
San Diego Estate Planning Attorneys
The estate planning attorneys at Petrov Law Firm can help you to plan ahead successfully for your family’s future. Contact us today at 619.344.0360 to schedule an appointment at one of our convenient locations in North County, San Diego, and Chula Vista.