What to Know Before You Plan Your Estate
What is Estate Planning? In short, estate planning is the transfer of your estate and wealth in the most cost-effective and efficient way. The Living Trust becomes an integral tool in doing this since no other planning device offers the same level of flexibility, control and management while you're alive and when you depart. In 2015 $2.6 Billion Dollars was lost in Probate Courts nationwide. This because people failed to understand what they needed to do in order to avoid having them family members trapped in the system. It only takes about 4 Core™ documents to keep family safe and out of the courts. Good Estate Planning must be 1). Cost effective & 2). Efficient. Nationally 55% of Americans are not planning the inevitable and allowing their families to struggle in the Probate Court system as they lose money and time. The 2 Biggest questions Americans are asking are: 1. Do I need a will or do I need a Trust? 2. Do I have enough to plan? The Probate or court