Why Do I need Estate Planning?
What is the best reason to have an Estate Plan?
The best reason to have an Estate Plan is to make sure your assets go to intended beneficiaries as oppose to your creditors.
Tell me about Estate Planning and the Probate Process?
An Estate Plan also allows you to plan in a way that allows for the avoidance of Probate. It is very beneficial for your estate to avoid the probate process if possible. Probate can be very expensive and extremely time consuming and most definitely will drain your estate and loved ones.
Why should I plan for my incapacity?
It is very important to plan for your incapacity. Of course, no one wants to think of himself or herself in a vegetative state – however, situations such as this do happen, especially as you get older! If you don't have the proper documents in place for your incapacity, then the courts will make the decisions for you. This could be detrimental to you, your family and your estate.
YES, YOU CAN LOSE EVERYTHING!
You may think that your wealth is safe and that you don't need protection. But don't delude yourself and accept reality — for every 60 minutes you spend making money, spend 60 seconds thinking about how to protect it!