4 Estate Planning Resolutions for 2013

It's another new year! Here are 4 resolutions for 2013 to make the year successful for your estate plan.

1. Start Your Plan

With all the recent publicity about estate planning, it is still shocking how many people have no plan at all. So your first resolution is to start your estate plan or Will.

2. Do a FDPOA and HCDPOA.

These are two types of durable powers of attorney. The first is the financial power of attorney and the second is the health care power of attorney. Both of these protect you if you are incapacitated.

3. Do a Living Will.

Your Living Will is your opportunity to describe how you wanted to be treated at the end of life if you are in a terminal coma. It is a vital element to your estate plan.

4. Synchronize titles and beneficiary designations with your plan.

Having an estate plan is step one, the second is to make sure that your property and beneficiary designations are coordinated with the plan. Failing to do so means that your plan will not work.

There you have them, four easy resolutions to follow to protect yourself, your family and your property. Please let me know if you have any questions about these resolutions, how to implement them or concerning your estate plan. Have a great year in 2013!

Please connect with me on G+ +Bernard Greenberg, on twitter @BHGreenberg, or visit Kokish & Goldmanis, P.C.

Bernie Greenberg