Don't Wait Until Tomorrow

But Wait, There's More

If you take advantage of some of these planning steps, don't assume you'll never have to do it again. Estate planners say you should periodically review your plan and consider changes in your financial situation, your business holdings and events such as birth, death, marriage or divorce.

Devising individual estate plans to trim federal taxes is no simple matter. Make sure you sit down with your lawyer and tax advisor to get the job done. It provides more than peace of mind; the relatives you leave behind will surely appreciate the effort.

Contact Sources

  • BrooksBrittner & Associates LLP, 5956 Sherry Ln., #615, Dallas, TX 75225, (214) 363-7188
  • Johnson Peddrick & Stanaland, (336) 574-9720, fax: (336) 574-9734
  • PricewaterhouseCoopers, (212) 259-2363
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This article was originally published in the June 2000 print edition of Entrepreneur with the headline: Don't Wait Until Tomorrow.

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