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Estate Planning Legal Topics

Estate Planning Is Not Just for the Rich and Famous

178889857The following is a guest blog post by April E. Frisby of Frisby Law. April is a lawyer in Orange County who practices business and securities transactional law, as well as estate planning. April is also an adjunct law professor at Whittier Law School.

It can be hard to get folks to think about estate planning—especially the younger ones in the beginning stages of their careers. They believe that there will be many changes in their life before end-of-life planning becomes necessary or they think they don’t have enough money to worry about it. Or, perhaps most risky, they think they can just pick up a form at a stationary store or print it from a website and they’ll be all set. Hopefully the following points will help you convince folks that they need your expertise to get an estate plan in place now!

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Elder Law Estate Planning Legal Topics

Codicil vs. New Will

will_122397917A will may not be the final word on what your client wants to happen on death. Things change, and it may be necessary to add or delete something (or someone) from a will. But when you want to make a change, should you do it with a codicil, or do you need a whole new will?