Benefits of an Estate Plan
A good estate plan includes your customized trust,your pour over will, your living will, your power of attorney for health care and your power of attorney for property. Here are some of the advantages you get from a plan prepared by the Beutler Law Center:
- Your estate avoids probate and related costs-both financial and emotional.
- Allows for quick distribution of assets to beneficiaries.
- Preserves privacy–your trust generally never becomes a public record, while wills are always public after your death.
- Difficult to contest.
- Lets you keep control, even at disability and after your death.
- Prevents a guardianship at disability or incompetency.
- Protects minor children from court-imposed guardianships.
- Lets your agent know your desires regarding life support.
- Can protect dependents with special needs.
- Completely flexible–can be changed or canceled.
- Inexpensive, easy to setup, and maintain.
- All documents customized to meet your needs and reflect your wishes.
- No hidden cost,no maintenance fees.