Sign an Estate Plan to Eliminate Guessing When You Die

The Denton Record Chronicle has an article today on a subject that I stress with my estate planning clients.  The article is called “Estate plans remove the guessing after you’re gone.”  I urge my clients to make an inventory in their estate planning portfolio that describes the nature and location of all of their valuable assets and to tell their family where to find the portfolio if something were to happen to them.  Many, many times people contact me and ask how they can determine what property a parent owned and who was supposed to inherit the property.  People who do not create a plan that identifies assets and that is given to their heirs risk that the heirs may never know of the property and may not inherit it.