Create these five essential estate planning documents to ensure you are protected during your life and you empower your family through responsible wealth transfer.
All of these processes will prevent the need for a court to appoint a guardian for you if you become incapable of managing your own affairs. In my experience, it is important to do everything possible to avoid court and having a non-interested third party judge, who knows nothing about you, from making decisions that will impact your life.
Many people fail to create an estate plan because they don’t truly understand what is involved and therefore believe it is too complicated. But the real truth is that creating an estate plan during your lifetime is far less complicated than what your family will deal with after you are gone, if you don’t.
The revocable living trust is the basic building block of most estate plans. It’s the tool that allows your estate to avoid the expense, time consumption, and uncertainty of probate court, and it is the tool that can hold just […]
There are a multitude of reasons to have a living trust. We can’t begin to cover them all, but we will touch on three reasons very briefly here. Reason #1: Protecting Property for Certain Beneficiaries When most of […]
