Sigman Financial Fitness® works with “counseling oriented” estate planning attorneys offering extensive experience dealing with delicate family issues regarding planning for children with substance abuse problems or special needs; second (or third) marriages and step–children.
Even clients with less than the current estate tax exclusion amount of $2MM+ need to have an estate plan, even if it is as simple as setting up wills, living wills, durable medical powers of attorney and making sure that the beneficiaries on your life insurance, retirement plans, homes and other assets are titled properly.
To be effective, your estate plan needs to be reviewed at least every other year, especially given the uncertainty as to the future of the estate tax. Failure to prepare an estate plan might find you making a donation to the U.S. Treasury instead of your favorite people and charities upon your death!