Many people delay estate planning because the thought of it makes them feel uncomfortable. If this is you, think of estate planning as a gift for your family then getting an estate plan will become something you want to do rather than something you know you should do. No one wants their family to fight over assets or struggle financially when they’re gone, but without an estate plan that could happen. An estate plan will offer clear instructions to your loved ones at a time when they’re overwhelmed with grief and shouldn’t be forced to make difficult decisions.
Alloy Wealth provides customized estate planning to suit individual needs. If you know your children aren’t great with money, a trust will allow you to provide for their financial future yet assign management of the trust to someone else. No two estate plans are the same. A great gift to your family would be to transfer your assets in a way that helps them avoid probate. The probate process is stressful and can take anywhere from 90 days to several years depending on the size of the estate. With careful estate planning, the risk of probate can be reduced or even eliminated.
An estate plan doesn’t just provide instruction for your family after you die, your plan will express your wishes in the event you are incapacitate and name someone to manage your financial affairs when you are unable to do so. We work with fee-based attorneys to create all the legal documents you need and get them properly filed. Once your estate plan is created, we will help you compile a notebook that includes written directions for each document, so your loved ones and executors know what to do and how to carry out your wishes. To schedule an appointment, call 800-689-3935.