Create An Estate Plan trustee and co-trustee consulting services

People often believe that estate planning is only for the wealthy. Truthfully, everyone can benefit from estate planning.  An estate plan ensures that your home, finances and other assets are handled properly in the event that you pass away.  In the event that you and your spouse pass away simultaneously, an estate plan will name appointed guardians to care for your children. Additionally, an estate plan will outline exactly where your assets will go in the event of your death.  This removes any questions to be resolved by the courts or cause for family discord.  

An estate plan can:

• Reduce estate expenses and taxes
• Ease the burden on your family by outlining funeral arrangements in advance and the needed funds to execute those funeral arrangements 
• Help to plan for any kind of incapacity 
• Help you to name an Executor of your estate in your Will so that you can ensure that all of your matters are handled in accordance with your wishes
• Help support your favorite cause if you are passionate about a local cause or charitable organization
• Ensure that your business has a succession plan by naming a successor, protecting your business interest and outlining what happens with your interest

If you do not execute a Will prior to passing your property can be mishandled and your property can pass to people you may not want it to pass to.  Your estate most likely will be held up in probate for years, which means that your family will not receive the assets that they may need until the matter is settled in court.  You cannot make assumptions that everything will be handled appropriately.  Legal documentation is the only way to ensure that your estate will be handled appropriately.  

Estate planning can be done easily and without spending a lot of time or money on the process and an estate plan can be executed at any age.  When you acquire property of any type, an estate plan should be established.  As your assets, needs, desires and family dynamics change, you can always modify your estate plan and related legal documentation to account for those changes.  

While we do not draft legal documents, we will work closely with your attorney and/or recommend an attorney who can craft an appropriate estate plan for you. We work with many trusted advisors and can connect you with reliable and well seasoned professionals (i.e. Attorneys, Accountants, Investment Professionals, Insurance Agents, etc). 

If you need a referral, please do not hesitate to contact us.