Why Do Estate Planning Now?
WITHOUT PLANNING:
- You lose financial control of your affairs when you are disabled
- You lose control of the distribution of your assets after death
- Your family will be subject to avoidable costs, taxes and legal fees
- Failing to plan is planning to fail
WITH PLANNING:
- You retain control of your affairs now and in the future
- You can plan now for the control, management and use of your assets if you become
disabled
- You can provide instructions for the care of yourself and your loved ones in the event
you become temporarily or permanently unable to manage your own affairs
- You can eliminate the need for expensive and time consuming guardianship and
conservatorship legal proceedings if you become disabled
- You can avoid the court costs and attorneyıs fees caused by probate
- You can give what you have, to whom you want, when you want and the way you want
- You can protect an existing estate from other unnecessary taxes, costs and risks
- You can protect your beneficiaries from themselves, their ex-spouses or creditors.
- You can eliminate avoidable headaches and hassles for family and loved ones in managing
and transferring assets on your disability or death
- You can eliminate public exposure of private family and financial matters and avoid time
delays in distribution of assets due to probate
- You can eliminate the loss of control and risks associated with joint ownership of
property with children
- You can protect your wealth from your beneficiaries' creditors and from the effects of a
bad marriage
- You can prevent dilution or loss of your children's inheritance due to remarriage of
your surviving spouse
- You can rest easy knowing you have done a great thing for your loved ones
