FAQ
Any estate plan is designed to make sure that your assets pass to your family as quickly and as cost-effectively as possible. Without a proper estate plan, your assets could be tied up and spent towards the probate process for months, or even years.
- Last Will and Testament
- Revocable Living Trust
- Financial Power of Attorney
- Medical Power of Attorney
- Directive to Physicians
- HIPAA forms
Typically, homeowners or people with six figures of investment assets could benefit from a trust. Trusts are primarily used for convenience, so the short answer is anyone who wishes to make things as simple as possible for their family could benefit from a revocable living trust.
A handwritten will is called a holographic will, and it is legal even if there are no witnesses. These wills lead to some of the most complicated and difficult situations in probate courts and often result in years longs processes that cost tens of thousands of dollars to resolve. This simple reason is that most people who handwrite a will don’t know the legal terms that need to be used to make going through probate simple, and this often leads to major mistakes that require intense supervision by a probate judge.