Why Write an Estate Plan?
Without a written estate plan, you may have given control to the Probate Court to distribute your estate according to an impersonal formula, and to appoint someone to care for your minor children whom you would never have chosen. Also, a judge may have to decide what health care you should or should not receive if you cannot speak for yourself. A written estate plan gives you control over these and other crucial decisions.
Pros and Cons of Probate
Having a written will does not avoid probate, a court procedure that distributes certain things you own to others according to your wishes. What are the benefits of probate? What are its drawbacks?
Do You Need A Living Trust?
Revocable living trusts allow you to avoid probate. They also allow someone to step in and manage some of your most important possessions if you can’t. But do you need one?
Picking the Right Trustee
Living trusts provide for someone you’ve chosen to step in and manage your living trust if you can’t. This video will increase the odds of your picking the right person for this crucial role.
Controlling End-of-Life Care
Technology can keep us alive even if we’ve lapsed into a permanent vegetative state. An Advance Health Care Directive allows you to control the level of treatment you want or don’t want under those circumstances.
Estate and Gift Tax
We understand income tax. But what are estate tax and gift tax? This video clarifies this mysterious world and allows you to know if you’ll pay thousands…or nothing.