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The employees of our firm are big proponents of saving money and being good stewards of your assets. However, many people confuse being cheap with being wise managers of their money. There is definitely a difference between the two actions. That is why we are reminding you to take caution when not seeking a qualified, state-specific lawyer to draft your estate planning documents in an effort to save money.

People often confuse these two documents or think that they are both one in the same.  The Last Will and Testament is not the same as the Living Will document, for the two documents serve two distinctly different purposes.

The Wall Street Journal recently published a video on its website titled "Four Estate Planning Mistakes to Avoid" that summarizes some typical mistakes that people make when it comes to planning for a death or a disability.  The first mistake is a common one that we hear many times in our practice, which is not planning due to fear.  Believe it or not, many people are superstitious about planning for death.  People fear that once they get the ball rolling on estate planning, inevitably something bad will happen.