The difference between having an estate plan and just a Last Will and Testament is like the difference between a plain old used Chevy and a decked out new Mercedes! They both get you where you want to go, but the experience is completely different.
In many cases, a Will just isn’t enough. Yes, it is true, under the new estate tax laws many people will never pay a penny of estate taxes, however there are a lot of reasons for creating a comprehensive estate plan:
- Reduced expenses
- Reduced hassles and legal burdens
- Maintain privacy
- No Courts involved
- Transfer property on your terms, not the State’s terms
- Lifetime protection and management of your property
- Avoid common, devastating financial mistakes that could cost your home or a lot of your money