Tags
Abatement, Assets, Beneficiary, Common Estate, decedent, estate, Estate Income Taxes, Estate Obligations, Estate Plan, Estate Size, Executor, Formal Probate, Insolvent Estates, probate, Probate Avoidance, Probate Avoidance Strategy, Retirement Accounts, Small Estates, Strategy, Trust, Well-Funded Estate, Will
While planning your estate, common sense is necessary to select a good strategy. In common estates, there are many options in selecting a strategy designed to execute your estate plan. Since forming a strategy involves many decisions, you need to use common sense to make good decisions. Otherwise, problems may result for your beneficiaries and your executor. In essence, common sense leading to good decision making is the formula for a sound estate plan.