The most loving thing you can do for your family is to provide for their security with
a Living Trust. Many people don’t realize that a Will is an invitation into Probate.
That’s right...if you have a Will you will most definitely go through the Probate
process. Depending in which state you live, Probate could cost your family 5% to 10%
of the total GROSS value of the estate you leave behind. To illustrate the point,
consider this; If you leave assets in your name in the amount of one million dollars
(gross home value included), The Probate process alone will take $50,000 to $100,000
of your estate and that comes off the top. Would you rather some Probate attorney
receive that money instead of your children? The answer is simple...when you do a
living trust for your family you not only avoid the costs, delays, and heartache of going
through Probate, but you give your children the added gift of all that money that would
have been taken in Probate costs. You can see that doing a Will actually costs your
family $100,000 using our example. A Living Trust not only saves the delays and costs
of Probate but it also provides several other important benefits. With a Living Trust you
are able to pre-determine who will care for your minor children or who will care for you
in your old age when you can no longer take care of yourself. In either case it would
normally require the action of a Conservatorship Court to determine
those issues...but not with a Living Trust. You avoid the courts and can appoint those
caretakers in advance saving your family once again all the heartache of such
procedures. A Living Trust also provides Healthcare Powers of Attorney and a Living
Will which is your dying instructions. Don’t put your family at this kind of risk
Do not delay Act Now !
www.heritagelivingtrust.com/Dinter.aspx
Friday, August 19, 2011
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living trusts protect your estate