Don't Miss This Crucial Last Step In Your Estate Planning

Even a carefully drafted estate plan can fall short if assets and beneficiary designations do not align with its provisions. Writing for Forbes, Day Pitney Partner Christine Fletcher explains why the steps you take after signing your documents are critical to ensuring your plan works as intended.
 
Fletcher outlines 10 considerations for putting an estate plan into effect, from funding trusts and reviewing beneficiary designations to ensuring enough assets are available to cover gifts and estate taxes. She explains how joint ownership and assets passing outside a trust can disrupt intended distributions, reduce anticipated tax benefits, and create the potential for litigation.
 
The article is part of Fletcher’s ongoing estate planning column contributions to Forbes. Read the full column here. Read her collection of articles here.