An estimated 60% of people die without a will or any type of estate plan. Without an estate plan, the government decides your estate and, if there are no clearly defined heirs, then the state takes everything. An estate plan is a living document that changes and grows as you do throughout your life and can protect your family during these uncertain times.
Do I really need estate planning?
The simple answer is yes. The hard truth is if you do not act, you do not get a say because you will be dead.
The family dynamic has changed over the years. Some families are blended with children from a previous marriage; some families are same sex with adopted children. These are considerations to think about when making an estate plan so that the people you want to be taken care of will be when you are gone. The law is not always clear on this and might not consider certain individuals a part of your family. It is important to spell it out with an estate plan.
Regarding estate taxes, you can eliminate or cut the amount the government takes in taxes from your estate in terms of taxes, costs, or fees. While the government is entitled to its share, it is not entitled to any amount over its share. This is why an estate plan is necessary. Lastly, protect your businesses with a solid estate plan.
Comprehensive Estate Planning is the Solution. Reasonably priced, here are some of the estate planning options we provide to meet your needs:
- Estate Planning
- Power of Attorney
- Healthcare/ Advanced Directives
- Pet Trusts
- Will Retention
View our current pricing information here.
To be a personal representative, call for price (depends on the estate and is normally set by statute).
To be a trustee, call for price (depends on the trust and work involved). Litigation on an estate, call for price (depends on the work).
Contact the Candela Law Firm for further information today.