A Successful Estate Plan Includes:
A Will or Trust
A WILL is a document that gives you the power to choose what happens to your money and property when you die.
It also lets you name a guardian for your minor children should something happen to you.
It also lets you name a guardian for your minor children should something happen to you.
A living TRUST is a document that allows your survivors to avoid probate court, a time-consuming and expensive process.
A trust also often allows you to be more detailed about what happens to your money and property in the future.
A trust also often allows you to be more detailed about what happens to your money and property in the future.
Health Care Directives
Health care directives allow you to express your wishes for health care if you become unable to make medical decisions for yourself.
Health care directives include a LIVING WILL and a POWER of ATTORNEY for Health Care.
Health care directives include a LIVING WILL and a POWER of ATTORNEY for Health Care.
A Financial Power of Attorney
A Financial Power of Attorney allows you to determine who will handle your finances and property if you cannot.
Beneficiary Forms
Naming a beneficiary for bank accounts and retirement plans makes the account automatically “payable on death” to your beneficiary and allows the funds to skip the probate process.
How do you know you need an estate plan? Let me ask you some questions.
- Do you want to decide who gets your money, car, house, and other assets when you die?
- Do you want to decide who gets important personal possessions such as jewelry, art, and collectibles when you die?
- Do you want to decide who raises your children should you die unexpectedly?
- Do you want to decide who makes important health care decisions for you if you cannot communicate these decisions due to sickness or injury?
- If you answered yes to any of these questions, then you need an estate plan.