Estate Planning
A Will is not enough
- A Will DOES NOT avoid Probate Court.
- A Will is nothing more than your instructions
to the Probate Court Judge. - Probate isn't as scary as it used to be, but, it is:
- Costly
- Public
- Time Consuming
- Every interested party has a right to contest a Will.
Living Probate
- Living probate is the "other side" of Probate Court.
- Who has control of your assets in the event you are disabled?
- Who has the ability to make your medical decisions if you are disabled?
- Powers of Attorney avoid the necessity of "living probate."
- A General Durable Power of Attorney gives someone YOU appoint, the ability to manage your assets if you are disabled.
- A Patient Advocate or Medical Power of Attorney allows someone YOU appoint to make your medical decisions.
Trust a Trust
- There is no better way to manage your estate if you are disabled, avoid probate, and control distribution of your estate once you are gone.
- Trusts are flexible.