Failing to Name More Than One Successor Trustee / Personal Representative
Estate planning is about “what if?” Your plan should include designated backups / alternatives for all of the key players, including successor trustee / personal representative. Estate plans fail because people make presumptions about the order of death and availability of people to take on certain roles. By providing alternates, you give your plan additional strength and flexibility to continue to function if the unexpected happens. Image the picture above with roles switched, whose in the bed?
Estate Services For WI and Beyond
A Serious Discussion on Illness, Accident, Death and Those You Love