When Should I Start My Estate Plan?
The only time that you can prepare and implement an estate plan is while you are alive and have legal capacity to enter into a contract. If you are unable to manage your own affairs or suffer from some other disability which affects your legal capacity, your estate plan may be effectively challenged by those who assert that you lacked capacity at the time the documents were created, that you were subjected to fraud, coercion or undue influence during the creation and implementation of your plan.
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Additional Estate Planning FAQs
- What Is Estate Planning?
- How to Obtain a Death Ceritifcate
- What Sorts Of Instructions Are Made As Part Of An Estate Plan?
- What are Some Typical Estate Planning Documents?
- How Can I Reduce My Estate Tax Upon My Death?
- What Is A Will?
- What Is A Trust?
- What Is The Difference Between A Will And A Trust?
- What Happens If A Person Dies Without A Will?
- What Is A Durable Power Of Attorney For Health Care?
- What Is An Advance Directive?
- Is There Any Way To Avoid Probate?
- Does It Make Sense To Use An Attorney? Is It Expensive?
- What About Books On Estate Planning?
- What Is An Estate Tax?