It was “Mistake Day” on Senior Law Radio!  On today’s show I covered many common mistakes people make relating to their estate plan (Will, Trust, etc.) and long-term care planning.  Topics are broad and include:

  • Adding someone’s name to your deed (sometimes you’ll hear this referred to as a “quit claim deed”)
  • Hybrid families (second marriages, step-parents, step-children, etc.)
  • How married couples should have their cars titled
  • Mistakes you may make when making beneficiary designations, in particular with IRAs and other retirement accounts
  • IRA Roth conversion analysis (now much more important because of the new SECURE Act)
  • Not updating your estate plan

Keep all of these important issues in mind as you are creating or updating your estate plan or dealing with long-term care issues.  Click below to listen. . .

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