If you don’t plan how to pass on your belongings, you’re asking the state to do it for you.
Planning your estate isn’t just for people with millions of dollars. But if you own a home, have children, or just want to make sure that your belongings get to the people you want them to, give us a call to talk about cost-effective ways to meet your planning goals. Here are some terms that everyone should know about estate plans, whether you have many assets or few:
- Will
- Probate
- Executor
- Powers of Attorney for Health and Property
- Trust
- Living or Revocable Trust
- Irrevocable Trust
- Special Needs Trust
- Voting Trust
- Joint Tenancy
- Tenancy In Common
- Tenancy by the Entireties