Estate Planning

Don't Disinherit By Accident.

By Jennifer Sawday

A common mistake in drafting estate planning documents are provisions that disinherit children by accident. Remember what happened to Anna Nicole's daughter Dannielynn? [A fitting way to wrap up the last post of the year... with one of the more notorious deaths in 2007.]

Read the article from bankrate.com about this common mistake.

To avoid this mistake should it have drastic consequences for your estate, review your estate planning documents including your Wills and Trusts to see what provisions are in there for intentionally omitting after born children. If you don't understand this provision or want to double check, check in with your estate planninig attorney.

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Estate Planning, Probate and Trusts involve complex areas of law. Individual circumstances must be considered before any advice can be given.  The general information above is not to be construed as legal advice, which can only be given after consideration of the unique facts of each matter. Please seek the advice or counsel of your attorney, financial advisor or CPA as it may be appropriate.

Full post as published by Estate Planning Practice Blog on December 31, 2007 (boomark / email).