A professional with many years of experience in the financial and trust fields has shared her suggestions regarding planning for the future. She has offered recommendations on best practices for estate planning and administration. Understanding what is successful and what is not when making plans for an estate is important for Texas residents and others around the country.
The expert stresses the importance of actually developing an estate plan. Failing to complete a plan could result in an estate not being distributed in the way it was intended. Once someone is deceased, the heirs would not be able to make changes in the way the estate assets are divided.