ESTATE PLANNING
The sooner you plan , the better.
PLANNING to
CONTROL
YOUR LEGACY
Estate planning accounts for all aspects of your future, including wills, trusts, guardianship, medical accounts, and disbursement of your estate. It’s not just planning for when you move on but for the years you’re here as well. It’s crucial that you detail your wishes in an air-tight will so that they come true.
The sooner you plan for the future, the better. It’s easy to put off, but a plan is the best way to protect you, your loved ones, and your assets in case of unexpected events.
WILLS
TRUSTS
guardianship
disbursement
PLANNING To
CONTROL
YOUR LEGACY
Estate planning accounts for all aspects of your future, including wills, trusts, guardianship, medical accounts, and disbursement of your estate. It’s not just planning for when you move on but for the years you’re here as well. It’s crucial that you detail your wishes in an air-tight will so that they come true.
The sooner you plan for the future, the better. It’s easy to put off, but a plan is the best way to protect you, your loved ones, and your assets in case of unexpected events.
WILLS
TRUSTS
guardianship
disbursement
READY TO START PLANNING FOR YOUR FUTURE?
There are a lot of things to consider when you start estate planning. You’ll need to decide what kind of will you want, how to set up trusts, who will be the executor of your estate, and more. But don’t worry – we’re here to help.
This guide will walk you through everything you need to know about estate planning, including:
- What is Estate Planning?
- Why Do I Need Estate Planning?
- What Should I Include in My Estate Plan?
- How Do I Create an Estate Plan?
- Who Should I appoint as My Executor?
- What Happens if I Die Without an Estate Plan?
WEILER LAW GROUP, PLC, ESTATE PLANNING GUIDE
What is Estate Planning?
Estate planning is the process of making a plan for what will happen to your assets after you die. It includes creating a will, setting up a trust, designating beneficiaries, and appointing an executor.
Why Do I Need Estate Planning?
Without an estate plan, your assets will be distributed according to state law – which may not be how you want them to be distributed. An estate plan gives you control over what happens to your assets after you die, and can help minimize taxes and expenses.
What Should I Include in My Estate Plan?
The first step in estate planning is to inventory your assets. This includes everything you own, such as your home, car, savings account, retirement accounts, life insurance policy, and personal belongings.
Once you know what assets you have, you can start to think about how you want them to be distributed after your death. You’ll need to create a will and designate beneficiaries for your assets. You may also want to set up a trust, which can help minimize taxes and expenses.
How Do I Create an Estate Plan?
The best way to create an estate plan is to work with an experienced attorney. They can help you understand the process and ensure that your estate plan is created correctly.
Who Should I appoint as My Executor?
Your executor is the person who will be responsible for carrying out your estate plan. They will make sure that your assets are distributed according to your wishes and handle any legal or financial matters that arise.
It’s important to choose someone you trust to be your executor. They should be organized and detail-oriented, and be able to handle stress.
What Happens if I Die Without an Estate Plan?
If you die without an estate plan, your assets will be distributed according to state law. This means that your spouse or children may not end up with your assets – which could cause financial hardship for them.
GET HELP PLANNING TODAY!
Estate planning is an important part of protecting your assets and providing for your loved ones. It’s never too early to start planning for the future.
Contact one of our experienced attorneys today to get started.
