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Will you wait or will you plan?

Well, you’re here. So we’ll assume you’re more of the responsible planner type.

Good for you for doing the hard thing sooner to make the harder thing easier later.

When you wait…

When you wait…

More expensive

More time spent

More stress

More strain on relationships

More confusion

More uncontrollable outcomes

When you plan.

When you plan.

More money saved

More time back

More clarity

More control

More certainty

More peace of mind

Estate Planning

The legal process of creating a proper estate plan for your family. The estate plan is a set of documents that control your financial, medical, business, and family affairs. It consists of documents that dictate how your wishes should be carried out and how your assets should be distributed at death. Estate planning documents can consist of a: Power of Attorney, a Will, a Trust, a Healthcare Directive, a Living Will, and many other documents.

Probate Administration

The legal process that takes place following someone’s passing. This is the court process of validating a will if you have one in place. However, it can also take place if there is no will. Additionally, this process is used to determine heirs of your estate, transferring assets to the beneficiaries/heirs, investigating will contests, and determining creditor claims.

Trust Administration

The legal process of managing the assets in a trust, notifying beneficiaries of changes in assets, filing proper tax returns, and distributing trust income and property.

Guardianship/Conservatorship

The legal process of appointing a person to make decision for a minor or an adult who has been deemed incapacitated.

According to the latest data…
Only 33% of U.S. adults (1 in 3) have created estate planning documents.
60% of people (3 of 5) without a will reported not taking any action to create a will, a living trust or any other estate planning document.
29% of Black Americans have a will or estate planning document—a 12% increase from 2020.
33% of American adults (1 in 3) say they don’t have a will because they don’t have enough assets to leave to someone.

SOURCE: “Estate planning statistics to read before writing your will” by Legalzoom, Nov 2022