What is “estate planning,” as a concept? It has been our experience here at the Slaton Schauer Law Firm, PLLC that too many people think that estate planning should consist of nothing more than a basic will. So what is the reality? The truth is that there are many factors to consider when evaluating a …
Does Your Estate Plan Address Incapacity?
At its core, estate planning is the process of ensuring that your loved ones receive your stuff after you pass away. At the same time, we must also address the realities of aging. How do we do that as part of an effective estate plan? How does an estate plan and incapacity go hand-in-hand? Aging …
Does Your Estate Plan Have These Core Documents?
Everyone knows that estate planning is important, but how do we get started with it? Let’s get started by breaking it down into pieces. What are the four components of a basic, solid estate plan? Will or Trust This is the centerpiece! It answers this question – “how will my loved ones actually receive my …
Three Essential Tips to Help Plan Your Estate
It’s summer, but you may be “frozen” by the sheer number of options when it comes to estate planning! Most people simply do not know where to start. Don’t be overwhelmed; in this post we’ll give you three solid tips on how to start your estate plan. 1) Don’t be overly concerned about taxation. Sometimes …
You Should Use a Living Trust If… (5 reasons)
When should you use a trust instead of a will? Let’s examine the objectives we can address if you utilize the right trust as the centerpiece of your estate plan! 1) You Value Your Privacy We’re all safety-conscious when it comes to financial information. There are many reasons we don’t want the entire world to …
Five Top Tips – Estate Planning
You’re here for some info on estate planning, right? You’ve come to the right place! This is one in a series of posts that we’re publishing to help inform people about estate planning. This piece is centered around five estate planning tips that will help give you a better feel for the process. Read on …