Item: Czepiga Daly Pope & Perri LLC
Rating: 5
Author: J.G., Greensboro, GA

What are the most common estate planning mistakes?

Answer: Some of the most common estate planning mistakes are:

1.   Failure to have a Last Will and Testament

2.   Failure to have an adequate Power of Attorney; Failure to prevent “staleness”

3.   Failure to fund a Living Trust

4.   Failure to revoke a Living Trust

5.   Failure to understand and accommodate change/repeal or reimposition of state and federal inheritance and gift taxes

6.   Failure to make gifts of unneeded funds

7.   Failure to account for lateral and vertical inheritances from or to       parents/siblings—do you need them? do they need them?

8.   Failure to plan for disclaimers

9.   Failure to title assets appropriately

10.   Failure to have the correct beneficiary designations on Life Insurance and IRAs

11.   Failure to document what is really intended; Failure to document at all

12.   Failure to Use an Appointment of Conservator in Event of Future Incapacity

13.   Failure to monitor your personal and financial situation in relation to your estate   plan

14.   Failure to use the right lawyer

15.   Failure to start planning early

16.   Failure to accommodate change-repeal of transfer taxes?

17.   Failure to accommodate change-trustee removal provisions?

18.    Failure to plan for Nursing Home Care

19.    Failure to have appropriate types and amounts of insurance

★★★★★

“I cannot find the words to thank all of you properly for your hard work and perseverance. It is a great relief to have gotten a just and proper ruling from the court. All of you have shown great professionalism and concern for the issues I brought before you.” J.G., Greensboro, GA

“All dealings have been excellent. Very professional organization. Great explanations of our options related to preparing a will. Clear, concise, great guidance and not trying to "sell us" on something we do not need. Administrative folks were super. All of our related paperwork was clearly tagged with what we needed to provide/sign/read /etc. Made things easy. Nice work.” L.G., Berlin, CT

“We loved working with your firm and really trust the advice. You have a well-deserved reputation and it was nice to check off a number of things that had been on our To-Do list. Although it's hard to make the time to take care of some of these matters, it is a great relief when you do so. I would definitely recommend your firm to anyone in need of the services that you provide.” L.M., Simsbury, CT

Everyone at the firm were consummate professionals. We felt completely comfortable with their guidance and were impressed by their compassion and commitment to us. R.H., Canton, CT

The attorney who served us was kind, thorough, and very responsive. He pointed out some issues in my mother's documents that could have been problematic down the road. After my mother passed, everything was as seamless as possible - a true gift at a time when life and death decisions were being made and emotions were overwhelming. J.B., Cromwell, CT

Great service, was on top of everything. I'm glad they were there to help us though a tough time. J.M., Farmington, CT

Submit a Law Firm Client Review