A well-drafted trust should protect your assets, ensure your wishes are followed, and make things easier for your loved ones. However, even estate planning attorneys can make mistakes that lead to costly problems. In this episode, we’ll cover four major mistakes attorneys make when drafting trusts—so you can recognize and avoid them in your own estate plan.
From failing to properly fund the trust to neglecting contingency planning, we’ll discuss why these errors happen and, more importantly, how to avoid them. We’ll also dive into the importance of regular trust reviews and why a one-size-fits-all approach can leave families unprotected. Finding the right attorney can make a huge difference for your estate so join us to ensure your plan is airtight, adaptable, and aligned with your wishes.
Here’s some of what we cover:
✅ Fund Your Trust: Unfunded trusts force assets into probate.
🔄 Plan for the What-Ifs: Backup trustees & beneficiaries are essential.
📆 Review Regularly: Life changes & tax laws can impact your trust.
👨👩👧 Customize Your Plan: One-size-fits-all trusts don’t work for unique families.
0:00 – Today’s question
1:51 – Coaching update
6:10 – Failing to Properly Fund the Trust
10:14 – Contingency Planning
14:55 – Reviewing and Updating the Trust
17:12 – Generic Planning
20:17 – Our process
Resources:
📱 Contact our team: info@CincinnatiEstatePlan.com
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🗓 Join us for our next workshop: https://cincinnatiestateplan.com/workshops/
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