Most everyone should have some kind of estate plan. Wills and trusts are not just for the wealthy. If your net worth is more than $100,000 or you have dependent children or you own property, then you need a will or trust. If you were to suddenly become incapacitated or pass away, you don’t want someone else deciding who gets what when—least of all the courts and attorneys! You want your finances, assets and loved ones protected.
Without a will, you are completely dependent upon the courts to sort through your inheritance—or worse yet—to decide who will take care of needy or disabled family members. Probate court is inevitable: that translates into delays and additional court and attorney costs.
A will gives you greater independence over your assets.
A trust gives you complete independence and privacy over your financial matters. A trust has a slightly higher upfront cost, but overall is less money to create because there is no court involvement, no delays and, therefore, no added costs.
Our estate planning services at Buntrock & Gardner Law provide complete estate plans: wills, trust agreements, powers of attorney, health care powers of attorney and living wills. Your estate planning needs may include provisions for asset preservation or gun trusts.
Our goal is to protect your assets for you and your heirs, and reduce the possibility of probate.