Charles Benninghoff

The old adage “a penny saved is a penny earned” sounds quite appropriate when considering the current economic climate. However, trying to save money by preparing your estate plan yourself is more than likely not the wisest choice. Preparation of Wills and Living Trusts require important legal and technical planning, and that is why an estate planning expert should be consulted.

In this culture that worships youth, it is nearly impossible to admit mortality, much less make plans for it. Denial, however, offers no protection from the inevitable. We have far more to gain during our life-time than to lose by advance planning for every contingency that our lives, children or the economy may throw at us.

Do you have to be "rich" to need an estate plan? Do you have to have a complex estate? There are many questions - in fact "myths" - about whether you need to have estate planning. This article describes in detail the 15 major reasons estate planning may be desirable and suggests the best way to solve any estate planning dilemma.