Date post: | 08-May-2015 |
Category: |
Education |
Upload: | michelle-hernandez |
View: | 124 times |
Download: | 4 times |
WHY YOU NEED AN ESTATE PLAN?
Many people don’t understand the importance of creating an estate plan, however, there are many reasons to look into this
without any delay
To Avoid Probate1
If you have ever gone through the probate process in the
past, you know how big of a pain it
can be
Save your loved ones the trouble
by creating an estate plan
To Reduce Estate Taxes2
Is there anything worse than paying taxes?
With an estate plan, you can reduce or potentially
eliminate estate and inheritance taxes
This can save your loved ones thousands of dollars
Protect Your Beneficiaries3
Although you will be gone when your estate plan goes
into effect, you can use this to protect
your family
FOR EXAMPLE,
the right plan can help take care
of a young child or protect an adult beneficiary from making
poor financial decisions
To Avoid a Big Mess4
Without an estate plan it is much more likely that family
fights will occur
Furthermore, this can lead to many months of court battles
and thousands of dollars spent on attorney fees
To Put Your Family at Ease5
If you don’t have an estate plan in place, your family
(such as a spouse or grown child) will worry about what would happen if you were to
pass on
An estate plan can help put your family at ease, ensuring that they never have to worry
about this again
Contact an Estate Planning Attorney
Now that you understand why you need an estate plan,
the next step is simple:
contact an experienced attorney
to discuss your situation and decide how to best move
forward
Now that you understand why you need an estate plan,
the next step is simple:
LEARN MORE ABOUT ESTATE PLANNING IN
WISCONSIN