Estate Planning Does More Than Avoid Probate (Fayetteville Trust Attorney)
Estate planning does more for you and your family than avoid probate. One goal of estate planning is to keep a Judge from making the decisions instead of you or who you choose.
In the case of an emergency, incident, or event, estate planning is designed to allow people to spring into action instead of being mired in indecision. Planning can make the difference between smooth sailing and rough seas.
In addition to avoiding probate estate planning has these benefits for you:
Eases Fear and Worry
Eases your fears and worries about the future of your family so you find the peace of mind you deserve
Simplifies Transfers
Simplifies the transfer of your property to the next generation so they don’t face heavy legal burdens and costs
Creates Stability
Creates stability in times of loss, emergencies, or mental incapacity to keep your family from scrambling looking for answers and arguing about decisions
Preserves Privacy
Keeps private matters private and away from public scrutiny so your family won’t be preyed on by financial predators and con men looking for a quick buck
Know Who Will be in Your Corner
During periods of incapacity, you know who will be there to help instead so the State won’t be taking over your life through adult protective services
You Make the Decisions
Lets you decide who gets what, when, how, and how much instead of a Judge
Keeps Property Safe
Keeps you, your family, your money, and your real estate safe during your lifetime and beyond so you don’t have to worry about a Judge making the decisions
You Control – Not a Judge
Leaves you in control, not a Judge so you and your family knows who will be in charge of your affairs and distribution of your estate
Medicaid & Nursing Home Help
Allows you to more easily qualify for Medicaid, nursing home help, if needed by protecting as much money as possible and your house from Medicaid recovery
Saves Time and Money
Saves time and money by keeping your family out of court so they can spend their time doing more important things like looking after you and each other