Most people assume the phrase "estate planning" involves having wealth. That assumption couldn’t be any further from the truth. Estate planning simply means that you are preparing for the unexpected and inevitable. Death does not discriminate according to income level, age, or social status. Face the reality, death is certain for everyone.
Channel 7 news broadcaster Jim Otte recently interviewed Nancy Roberson on the news special WHIO Reports about wills, powers of attorney, and other estate planning issues. The program contains 30 minutes of valuable advice about estate planning and discusses the topic of being prepared at any age for sudden illness or death. Watch the video here: http://video.daytondailynews.com/WHIO-Reports-Estate-Planning-June-12-2016-B-30993165.
We are in the business of helping people prepare and plan for the inevitable, so every year we write an article advising our clients about what not to do when it comes to death and disability planning. The mistakes we have seen people make throughout the past 30 years we have been in practice have caused a lot heartache, stress, and money for our clients to correct.