These clients were a married couple with three pets. Their goals were to avoid probate, make charitable gifts, and ensure their pets will be cared for.
We created a trust plan for them, which included:
The Trust helps the clients accomplish their goal of avoiding probate and nominates people to act as Trustee of their trust to oversee distribution of their gifts. It also allows them to ensure their pets are cared for, and leaves directions for their care.
The Wills name people to act as Personal Representative, in case the clients miss transferring any assets into the trust.
The Powers of Attorney for Finances appoint people to manage the clients’ property and finances if they are ever incapacitated.
The Powers of Attorney for Health Care designate people to manage the clients’ health care if they are ever unable to do so themselves.
The Health Care Directives state instructions for the types of health care the clients would like if they are ever permanently incapacitated.
The Disposition Instructions include information in regard to what the clients would like to happen to their remains after they are gone.
The Quit Claim Deed transfers the clients’ real property into the Trust, so it will avoid passing through probate.
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: