It is very satisfying to finally complete your estate plan. Looking over the binder containing copies of your Will, Trust(s), Power of Attorney and ancillary documents, you feel quite accomplished. You are now prepared for anything, right? Almost.
Having a professionally prepared estate plan is an essential first step. But, like the coach strategizing over the plays for this week’s game, it is not enough to finalize the starting lineup. You need to communicate the plays to the relevant team members and be sure each player knows his or her job. Read more.