COVID-19 forced businesses to shut down, which led to mass unemployment and sent economies into a tailspin. However, the biggest devastation was the millions of lives lost across the globe.

Estate planning can provide peace of mind, ensuring that your assets, interests, and loved ones will be protected after you die, but it is also fertile ground for some costly mistakes. Whether due to oversight or improper planning, any mistakes made during estate planning can undermine your intent and drastically diminish the financial legacy you leave behind. They can also create added stress for your heirs in a moment of grief. To help you avoid some basic errors that could prove to be costly, Keith R. Romero Attorney and Counselor at Law, has put together a list of the most common mistakes people make during estate planning.

Thoughtful planning of your estate and business means preparing for the orderly and efficient transfer of assets in case of any eventuality. It will ensure your family is taken care of and your company remains viable. However, many individuals find estate and business planning confusing. This is often the result of misunderstandings and believing false information. As an attorney, Keith R. Romero Attorney at Law has come across many clients assuming that planning their business and estate is just for the ultra-wealthy or the very old. And believing these misconceptions cloud rational decision-making when it is most needed.

Estate planning is the process of arranging for the management and disposal of your estate, during life or in case of any eventuality. However, when it comes to estate and small business planning, clients have many questions but often find answers difficult to come by. Keith R. Romero Attorney and Counselor at Law wants to arm you with the most accurate information to help you make informed decisions. To do this, he has answered some of the most frequently asked questions about estate planning.

Original Article Source Credits: HG.org, https://www.hg.org

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Link to Original Article: https://www.hg.org/legal-articles/estate-planning-considerations-for-single-people-45441

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Link to Original Article: https://www.hg.org/legal-articles/does-a-will-have-to-be-witnessed-35647

Original Article Source Credits: Investopedia, https://www.investopedia.com

Article Written By: Barclay Palmer

Original Article Posted on: Dec 15, 2020

Link to Original Article: https://www.investopedia.com/articles/04/121304.asp

Original Article Source Credits:   Investopedia , https://www.investopedia.com/

Article Written By:  MICHELLE ULLMAN

Original Article Posted on:   Nov 18, 2020

Link to Original Article:  https://www.investopedia.com/articles/personal-finance/071514/using-llc-estate-planning.asp

Original Article Source Credits:   HG.org , https://www.hg.org/

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Link to Original Article:  https://www.hg.org/legal-articles/estate-planning-for-young-families-44819

The term estate planning can be defined as the process of making a plan in advance to manage a person’s estate in anticipation of death or illness. It is a common belief that only wealthy people should prepare documents for medical directives, wills, trusts, and guardianship, but this is not true. Estate planning is essential for everyone, and to create a great estate plan, you need an experienced estate planning lawyer who thoroughly understands your situation and unique desires.

Original Article Source Credits: the balance, https://www.thebalance.com

Article Written By: Julie Ann Garber

Original Article Posted on: March 12, 2021

Link to Original Article: https://www.thebalance.com/do-you-need-to-hire-an-estate-planning-attorney-3505703

Original Article Source Credits: Investopedia, https://www.investopedia.com

Article Written By: ANDREW BEATTIE

Original Article Posted on: Feb 25, 2021

Link to Original Article: https://www.investopedia.com/articles/pf/11/before-becoming-an-executor.asp

Original Article Source Credits:B2C, https://www.business2community.com

Article Written By: Sara Gelsheimer

Original Article Posted on: February 15, 2021

Link to Original Article: https://www.business2community.com/finance/if-you-were-to-fall-ill-would-your-business-be-set-up-for-a-successful-transfer-02386466

Original Article Source Credits: The Motley Fool, https://www.fool.com

Article Written By: Christy Bieber

Original Article Posted on: Feb 13, 2021

Link to Original Article: https://www.fool.com/personal-finance/2021/02/13/estate-planning-supporting-your-loved-ones-after-y

If you’re looking to create a trust, whether it’s because you want to equally distribute the trust income only for the benefit of the people identified in the trust, or to keep it away from prying hands, it’s important to pick a reliable agency with high standards. After all, the end product will be a direct reflection of your business! Therefore, it’s essential to choose an attorney and counselor that you can trust to handle the estate planning in a way that represents you and the trust beneficiaries. 

Original Article Source Credits:   Investopedia , https://www.investopedia.com/

Article Written By:   DONNA FUSCALDO

Original Article Posted on:  Aug 20, 2020

Link to Original Article:  https://www.investopedia.com/articles/wealth-management/122915/4-reasons-estate-planning-so-important.asp

Original Article Source Credits:   The Balance , https://www.thebalance.com/

Article Written By:  Julie Ann Garber

Original Article Posted on:  January 20, 2021

Link to Original Article:  https://www.thebalance.com/creating-good-estate-plan-3505162

Businesses were hit badly by the Coronavirus pandemic with large chunks of the population staying indoors to protect against catching the virus. Furthermore, a lot of people were not sure about their futures with many companies letting go of their staff, so they did not want to take a lot of risks and preferred not spending until things started getting better.

Original Article Source Credits:   Business Insider , https://www.businessinsider.in/

Article Written By:  JANET BERRY-JOHNSON

Original Article Posted on:  JAN 15, 2021

Link to Original Article:  https://www.businessinsider.in/personal-finance/news/estate-planning-is-an-important-strategy-for-arranging-financial-affairs-and-protecting-heirs-here-are-5-reasons-why-everyone-needs-an-estate-plan/articleshow/80277329.cms

Original Article Source Credits:  Estate Planning  , https://www.estateplanning.com/

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Link to Original Article:  https://www.estateplanning.com/What-is-Estate-Planning/