A recent US News and World Report blog succinctly states What you Need to Know About Estate Planning . Taking excerpts from The Wall Street Journal Complete Estate Planning Guidebook, the author states:
• “Everybody needs to think about estate planning”;
• “The number one [estate planning] mistake is not doing anything at all”;
• “[T]he safest thing to do” is to see an estate planning lawyer rather than attempt do-it-yourself planning;
• People should review their estate plans “often – at least every three years.”
This is a simple yet straightforward article on the importance of estate planning for everyone – and on the need to review existing estate plans frequently.