These clients were a married couple with four adult children.
We created a Trust plan for them that included:
- A Trust;
- Pour-Over Will;
- Financial Power of Attorney;
- Healthcare Power of Attorney;
- Health Care Directive; and
- A Deed.
The Trust enables the clients to accomplish their goals in leaving their estate to their children.
The Pour Over Wills provide security in case any assets are missed being put in the trust. They allow the Personal Representative settling the estate to “pour” any assets outside of the Trust into the Trust.
The Power of Attorney documents provide for the couple if they are ever in a situation in which they cannot make financial or medical decisions for themselves.
We prepared the Health Care Directives for end of life decisions and to take the mystery out of what the couple would want to happen to them if they are ever in a permanent vegetative state.
The Deed we prepared conveyed the clients’ property into their Trust, so that in the event of their death, the Trustees can sell the property or pass it down to their children.
Need estate planning help but not sure where to start? Click the link to check out this free presentation I put together that will answer all your questions (it’s basically the talk I give at potential client strategy sessions):
And, if you know you just want to talk, click the link below to schedule a free strategy session with us: