Lewis Saret (Forbes.com) has published an article entitled “Eight Common Estate Planning Objectives Of Married Couples” (May 13, 2014). Provided below is a summary of the article from Forbes.com:
Eight Common Estate Planing Objectives Of Married Couples
If you asked 10 different couples what their estate planning objectives are, you would probably receive 10 different answers.
Upon deeper probing, you would discover that most married couples share the same basic estate planning objectives.
Knowing these objectives help both the couple and their estate planner determine what might be the best way to structure their estate plan.
The most important estate planning objective for most married couples is to ensure that their loved ones are provided for if one or both spouses become incapacitated or pass away.
To accomplish a couple's estate planning objectives in a cost-effective manner inherently requires that future expenses be taken into consideration as well as the cost and time spent implementing the estate plan.
To read the 8 Common Estate Planning Objectives go to "Eight Common Estate Planning Objectives Of Married Couples" By Lewis Saret (Forbes.com).