Recently interviewed by Prime Magazine, Lawrence M. Ploucha told the publication that he advises clients to not only prepare a will, but to prepare a comprehensive estate plan as well.
"Everyone with assets and family needs an estate plan," he told Prime. "A typical estate plan includes a will, trusts, a living will and a durable power of attorney."
As for how often the plan should be reviewed – Ploucha suggests every five years, or whenever there is a major life event such as marriage, divorce, death or birth.
Read the full article: "Where there’s a will…or Not" (Prime Magazine, page 32)
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