Who Needs an Estate Plan? (Video)
My daughter was off at working at a summer camp and trying to get enrolled at the university. The university kept sending paperwork for her to sign. Because she had signed a power of attorney, we were able to sign for her and keep the process moving along. In our last episode, we talked about […]
What The Worst That Can Happen (Without an Estate Plan)?
Despite the importance of having an estate plan, a minority of Americans have their own plan in place. If you don’t have a plan, the State has a plan for you, and you probably won’t like it. The purpose of an estate plan is twofold. The first is the traditional planning you probably think of, […]
What Mistake Can Cost Me Half? (video)
Jane did what many parents do, she put her son on the deed to her house to avoid probate. But when her son was in a car accident that was his fault, she learned just how big of a mistake that was. His insurance didn’t come close to covering the cost to the other driver. […]
Why Should I Plan if I’m Not Rich? (Video)
Marge didn’t have much. Her home and that was about it. Marge had to go into the nursing home. However, she had never gotten around to preparing a power of attorney. Her family had to go through the courts and get a guardianship to be able to make financial and healthcare decisions. Then, when it […]
What is my Estate (Video)
Mark and Mary worked hard for what they had. They had a house, cars, retirement, and lived comfortably. Neither one of them ever stopped to think they had an estate. To them an estate was a big fancy house with manicured lawns and gardens. Don’t think you have an estate because you don’t own a […]
Do I Need an Estate Plan (Video)
It was hard enough to grieve for Jim, but Jim’s family was facing the ordeal of probate with its maze of laws and court. That short story sums up what happens to many people. They put off planning until they retire, an incident occurs, or they get frail. Planning is often an afterthought. Many people […]
2 Important Reasons You Need an Estate Plan (video)
The first reason you need an estate plan is to be in control of the distribution of your estate. Without a plan, the State, not you, decides who controls distribution of your stuff. You lose all choice when a Judge takes over. Recently I had a lady come in who had just lost her husband […]
What do Insurance and Estate Planning Have in Common? (Video)
Let me ask, why do you buy insurance? I know I buy insurance to protect against the future risk of losing money. I buy insurance to protect my health and property against the high cost of replacement. You do estate planning for much the same reason. Plan to protect against future legal hassles, losses, costs, […]
7 Signs You Need a Trust – Video
In no order of importance, here are 7 signs you need a trust: 2. You have children or a spouse that is a poor money manager or has credit problems 3. You have real estate in multiple states 4. You want the best chance at avoiding probate 5. You have children with marital issues 6. […]
How do I Avoid Probate? (Video)
Today I want to talk to you about how to avoid probate. Hi. I’m Gary DeWitt, the owner of DeWitt Law Firm. We do estate planning. We do it well. We make it as fast, simple, affordable, and painless as possible. If you have questions about estate planning or probate, you can setup a time […]