In This Issue:

- Estate planning for personal property: Why you should sweat the small stuff

- How flexible is your estate plan?

- Avoid state income taxes with an incomplete nongrantor trust

- Estate Planning Pitfall: You haven’t named backup beneficiaries

- Excerpt from How Flexible is your estate plan?

For many years, a primary reason for estate plan flexibility was because of the uncertainty surrounding the federal gift and estate tax laws. Today, however, those laws have a great deal more certainty. But that doesn’t mean estate plan flexibility is any less important.

The fact is your family’s circumstances will change in the years after your death. Let’s take a look at a few postmortem estate planning strategies that will help ensure your wishes are carried out as you desire...