I was pleased to see the article by Karen Blumenthal titled “It’s an Election Year: Is Your Will Updated?” on the front-page of the Personal Journal section of the August 27th Wall Street Journal.
My new company Miller Mosaic, LLC has just launched the website www.estateplanningforyou.com to help people avoid probate by explaining that a living trust is needed in addition to a will. Thus I was really pleased that the Journal was getting the word out about this important estate planning subject.
Can you imagine my surprise when I read the entire Journal article only to find no mention of a living trust? In other words, if you read the Journal article and did everything advised in the article, all you would have is a will.
AND ONLY HAVING A WILL MEANS THAT YOUR ESTATE HAS TO GO THROUGH PROBATE.
The information in the Journal is WRONG because only having a will and thus making your estate go through probate can create major problems for your family. Don’t let this happen!
Check out the brief free video at www.estateplanningforyou.com to learn why you need a living trust in addition to a will to save your estate from going through probate.