Tuesday, December 28, 2010

Resolutions, Resolutions, Resolutions: Should Getting Your Estate Plan Be One of Them?

It's that time of year, the time we all start to think about our resolutions for next year. What about finally getting your Will and estate planning done?

Some of us always make New Year's resolutions and some of us don't. Some of us stick to our resolutions and some don't. The point of this article is not to debate the merits of resolutions. Instead, I'd like to suggest one that is almost always on everyone's list, but somehow never gets completed.

I hope you make 2011 your year to finally get your Will and estate planning completed. I think that is a pretty important resolution because of how much it means to your family. I have written before about the statistic that most people will spend more time and money each year on an annual vacation then they ever spend on their estate planning. Well, let's make 2011 your year to finally get your Will done. Let's make 2011 your year to finally get your estate planning done.

With all of the tax changes in force for 2011 and 2012, it couldn't be a better time to finally cross this one off your list. Did you know that these estate tax changes are set to expire in 2013 unless extended by Congress?

How do you know which type of Will and estate plan are right for you? That's a very good question and the subject for my first article in the new year. So, like I always, say, Stay Tuned

Have a great, happy and safe New Year!

Bernie Greenberg

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