Top 10 Estate Planning Mistakes – Number 10
March 29, 2011
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You have finally signed your wills, trusts, powers of attorney, and took a sigh of relief that your estate plans are finally in order. But are you finished for good, or did you only take an important step in a longer process? Check back here everyday for the Top 10 Estate Planning Mistakes that can occur even in the best laid estate plans.
Number 10…Not making enough lifetime gifts. While the best estate planning may include spending your last dollar, we often are not in charge of the timing. Nonetheless, as long as you are not likely to run out of funds before you run out of time, making lifetime gifts can provide you, the nonprofits you support, and your loved ones with satisfaction today.