Probate & Decedent’s Estates
When someone dies with a will or without any Estate Planning a formal court proceeding is required to take care of their estate and pass their property on to their heirs. There are sometimes ways to avoid this process but a consultation is required for us to see if that can be done.
When someone dies with a Trust there is no court proceeding required however there are certain steps that must be taken to protect the Estate and make sure it’s properly administrated.
Estate Planning – Creating a Will or Trust
Good Estate Planning is Vital not only for you but for your family. At least half of Americans don’t have a will, which means there is no plan in place for what will happen to their assets upon their death. If you don’t have a plan in place the government has one set up for you – but it may not be the one you want! And you can rest assured that their plan will cost your estate time and money. There are many misconceptions and major problems with estate planning that can cost your family their fortune. Many believe that saving on federal estate taxes is the main reason for planning, but it is so much more than avoiding taxes alone.