Revocable Living Trust
The Revocable Living Trust is the much preferred Will substitute of today, and understanding and utilizing this powerful legal tool is your best choice to avoid probate.
Health Care Documents
Preparation of these documents, at no charge, provides you with a Living Will. See below for a further explanation of how important these can be for you and those who care about you.
One Hour Consultation
This is an intake meeting on the phone where the client will learn all about estate planning, and I will learn about the client. There is no obligation for the call, which you should find informative and interesting. At the end of the call, you can decide what documents you want, if any. Again there is no obligation for the call.
Establish a Revocable Living Trust
Putting your assets in the name of your Living Trust has the following benefits:
1. Your named Successor Trustee will be able to quickly disperse your assets to your beneficiaries according to your instructions. This makes the job of asset distribution very quick, easy, and inexpensive.
2. There is no need to involve courts, attorneys, or judges. Probate requires all 3, is very expensive, and takes a lot of time and effort.
3. You can protect your young, inexperienced heirs with gradual distributions. These Trusts are not public documents, making them much more difficult to challenge than a standard Will.
4. There are three parties to a trust: the Grantor, who puts property in the trust, the Trustee, who watches over the assets, and the Beneficiary, who enjoys the assets. In most cases, you are ALL THREE, and nobody else is involved.
Best of all, I make the Revocable trust inexpensive at $875
A living will is writing, spelling out your wishes if YOU CANNOT SPEAK FOR YOURSELF, such as a coma, a stroke, or Alzheimer's. It also names a health care surrogate to speak for you if you cannot speak for yourself. With a living will, you avoid situations like the well-publicized Terri Schiavo case, where the husband and the mother fought in court for 13 years as to whether or not to terminate her life while she was in a persistent vegetative state.
Durable Power of Attorney
The Durable Power of Attorney is a simple, low-cost document that avoids the need for guardianship should someone become mentally incapacitated through a stroke, coma, Alzheimer's, etc. Guardianship also requires probate court, attorneys, quarterly inventories and quarterly accountings, etc.