Does your estate need a Plan B? The author of today’s article warns that, while the assumption when drawing up a will is that you will pre-decease your heirs, “accidents and crimes can claim several lives in one swoop…Without proper preparation, those kinds of situations can snarl your estate plan, potentially reducing the value of assets you bequeath or putting them in the hands of people you never intended to receive them.” As such, she proceeds to outline several elements you may want to consider in your estate planning – including simultaneous death clauses and the so-called “Titanic” clause. To read more, CLICK HERE.
Is Your Estate Prepared For Armageddon?
Tags:AssetsDeath ClauseEstateEstate PlanningRetirement PlanningValue of AssetsWillWill PlanningWill Preparation