What is Estate Planning?
It’s simply passing your “stuff” to whom you want, how you want, and when you want in the best, most cost-effective way.
It’s setting everything up you'll need to in advance if you should become incapacitated (and who doesn’t worry about that?)
It’s creating your legacy.
It’s caring about those you love.
It’s all about having Peace of Mind because you’ve done the best you can for your family and beneficiaries.
The Top 10 Reasons...
Why People Avoid Getting Their Estate Planning Done
Why You Should Consider Doing Your Estate Planning Now
- Denial came up as the number one reason to avoid estate planning. It's hard to imagine.
- They don't think you have enough assets. Often planning ahead saves a lot of headaches and expense.
- Procrastination is the third reason people avoid getting an estate plan. This can leave your problems much harder - and costly - to solve.
- They don't know how to get started, so they simply don’t start. It's intimidating!
- The number 5 reason is to avoid conflict. Many families end up arguing when financial or end of life issues are brought up.
- They are afraid to contact an attorney and just don't feel comfortable with it.
- They don’t understand the need. Many people just expect their assets to pass to the heirs, not realizing that they must pass through probate to get to them.
- They have a blended family. Sometimes, this can make planning more difficult because there are so many people involved.
- They were told that they don't need to do estate planning because they don't think they'll owe any taxes...but planning is not just about saving on taxes, it's about making sure everything is in place for your spouse and your family.
- Cost ended up the tenth reason many might avoid getting an estate plan. Most people don't realize that the cost is way less if you plan in advance.
- You need to appoint health care agents, executors and trustees to handle everything in case you get sick, you are injured or pass away. If you don't, the courts will control your estate.
- To appoint who you would want as a guardian if you have minor or disabled children.
- To say who YOU want to be your beneficiaries, and not let the state decide for you, and to manage any conflict that might start before it happens.
- To protect your heirs from poor management of their inheritances and ensure that the maximum amount will pass to them stress-free.
- To have everything in place that you'll need to handle things if you get sick or need help with managing your affairs.
- To manage assets for your beneficiaries who can’t, whether it’s for a disabled child or one who can't manage their money well.
- To protect your beneficiary's inheritance from a divorcing spouse or from their creditors.
- To minimize gift and inheritance or estate taxes where possible - and in some cases, to help with income taxes.
- To avoid probate for your heirs, which can be time-consuming and expensive (despite what you may hear otherwise).
- To gain Peace of Mind once you've completed your estate planning. There's nothing like the feeling of finally finishing your planning!
What Gives Our Documents the Leading Edge?
Detailed and comprehensive, these documents have been developed through nearly 30 years of hands-on improvement by hundreds of attorneys throughout the US resulting in thousands of satisfied clients. They are drafted to ensure accuracy with current state and federal laws, and are updated as changes occur.
The Revocable Living Trust contains over 222 carefully worded provisions so that the trust can accommodate life's changing circumstances and to cover additional contingent situations without needing to be legally modified.
Comprehensive Estate Planning Documents - Revocable Living Trusts - Will Package - Ancillary Documents
Here is a list of what our package includes:
- 1 set of Ancillary Documents per person (DPOA for assets, DPOA for healthcare or Advanced Directive, Living Will, Nomination of Conservator, Appointment of Guardian, and Anatomical Gift)
- Abstract of Trust
- Trust Certification
- Pour-Over Will
- Assignment of Furnishings and Personal Effects
- 1 three-ring professional quality binder with tabs and inserts
- 1 set of quality documents with Plain English summaries
- Funding Manual
Nationally Transportable Living Trusts
Vital Ancillary Documents
Advanced Planning Vehicles
The trust is also universal; that is applicable in all 50 states, for those who may eventually own property in or even move to another state.
Our ancillary documents offer you additional control over your person or assets. These documents are so vital; they are included, at no additional charge as part of your comprehensive document package.
Because many individuals have needs that go beyond basic estate planning, we offer numerous Advanced Estate Planning Solutions that can be incorporated into your overall estate plan.
- Single A Trust
- Married A Trust
- Married/Unmarried AB Trust
- Married ABC Trust
- A Q-TIP Trust (for married person)
- Partner AA Trust
- Partner AB Secure Trust (for Domestic Partners)
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Flexible Trusts
- Complete Amendment
- Partial Amendment
- Pour-Over Will
- Living Will
- Durable Power of Attorney For Health Care
- Durable Power of Attorney For Assets
- Nomination of Conservator/Guardian
- Appointment of Guardian for Minor or Disabled
- Anatomical Gift
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Assignment of Furnishings & Personal Effects
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Trust Certifications
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Abstract of Trust
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Funding Letters
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Comprehensive binder with English Summaries and Organizer
What's the next step?
Don't wait! Contact the professional who referred you here. They can help you get started with your planning and go over any additional questions you may have.
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(800) 292-0223