Skip to content
Round Logo — Smalller size
Wills, Trusts, & Estates Prof Blog
Formerly Hosted by the Law Professor Blogs Network

Year-End Estate Planning Review

By Gerry W. Beyer

End-of-year-calendar

At the year-end, people with estate plans should review their health care advance directives, update their beneficiary forms, and tell their children regarding disposition of their personal belongings. Also, individuals over seventy who need to meet their required minimum IRA distributions can consider the recently reinstated qualified charitable distribution rule (“QCD”) to make tax-free donations. Regarding beneficiary forms, people should ensure that the forms are proper to avoid probate, beneficiary designations are named, and any designations are not of a minor child.

See Kristin Matsko, 3 Year-End Estate Planning Action Items Most People Should Consider (But Usually Don’t), JD Supra, Dec. 16, 2013.

Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.)) for bringing this article to my attention.

Posted in:
Disability Planning - Health Care, Estate Planning - Generally and Non-Probate Assets