Monday, February 25, 2019

Why Estate Planning?

This is just a quick overview of the major reasons everybody over the age of 18 needs a plan. 

  • Plan for your own needs.  You need a plan to protect you and your property if you become mentally disabled by accident, medical incident, or dementia or can’t make decisions for yourself for any reason.
  • Avoid Probate – pass property to your heirs and loved ones without hassle or public scrutiny privately, securely, and quickly.
  • Protect your money during your lifetime.
  • Protect your rights during your lifetime.
  • Protect your affairs during your lifetime.
  • Protect children from themselves, financial predators, and creditors.
  • Protect children with addictions or special needs.
  • Protect spouses with dementia, special needs, or addictions.
  • Protect and provide for your spouse without dementia.
  • Reduce or eliminate capital gains and estate taxes.
  • Prevent pounding headaches for you and your family.
  • Avoid major messes.

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