Who Needs an Estate Plan?
- Parents need to plan for the care and guardianship of minor children.
- People with modest assets who own a home must plan for the distribution of assets to avoid having their entire estate eaten up in probate fees and costs.
- Families with members who have disabilities or special needs may protect the member’s interests in and access to government programs and benefits. Learn more on Special Needs Trusts >>>
- Gun owners may hold firearms in a trust to limit fees and government involvement in the transfer of ownership. Learn more on Gun Trusts >>>
- People who value privacy may avoid having family information and holdings made public via the probate process. Learn more on Probate Avoidance >>>
- Gifts to charities may be made through your estate plan. Learn more on Charitable Gifts >>>
- Frugal planners may minimize the costs to heirs by spending a bit now to save money and conflict later.
- You may wish to place limits on the use of your wealth following your death – for all sorts of reasons.
Request a consultation today to learn more about the reasons you need an estate plan!