Several Pennsylvania law firms are teaming up for a fifth year to offer free estate planning for first responders as a way of saying “thank you,” according to Legal Scoops. It’s a reminder that people who work in dangerous jobs need to take steps to protect their families by having an estate plan. The nonprofit Wills for Heroes foundation was created after 9/11 and is part of a national effort to protect the estates of first responders and military personnel or veterans. You can learn more about the organization and how you can help at its website.
When drawing up wills and other estate planning documents, don’t forget about the person’s personal property, advises estate planner John J. Scroggin. According to CNBC, “The single biggest point of conflict among family members is not the million dollars over here,” said Scroggin, who is an accredited estate planner and a partner with the Roswell, Georgia-based law firm Scroggin & Co. “It’s the yellow Tweety Bird [figurine] that sat in mom’s kitchen for 40 years.” Scroggin offers seven tips to avoid some of the biggest mistakes in estate planning in this story at CNBC.