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A complete professional estate plan brings you peace of mind. Sometimes an estate plan requires hard choices. But not having an estate plan is a choice too. It’s a choice to let your estate, or your care if you are incapacitated, be decided by the courts or someone you don’t trust. No estate plan or delaying an estate plan can mean heartache for you loved ones and increased expense. No one wants their decisions taken out of their hands and give to the courts or an unqualified person. The smart decision is to consult with an experienced attorney. After a personal consultation, you’ll be reassured that your estate plan is tailored to your personal needs. With that assurance, you’ll be at rest.
Powers of Attorney for asset management and healthcare make sure that persons you trust will be making decisions about your healthcare and finances if you become incapacitated. Powers of Attorney avoid the court appointing a conservator for a disabled person. It’s important what happens to your estate, but it’s more important who makes your health care and financial if you’re incapacitated.
A trust or will makes sure that your estate goes to the persons or charities you want, instead of the court making those decisions. Probate court costs and attorneys fees can easily be over $10,000 for even a modest estate. In most cases, a trust will save thousands of dollars in attorneys fees and court costs.
A trust avoids public disclosure of your assets and is much quicker than administering an estate in the probate court.