How Can Estate Planning Help You?
Estate Planning can help you in the following ways:
  1. Proper planning will make sure your property goes to the people whom you want to have it when you die and not some unexpected beneficiary.
  2. Proper planning can allow you to avoid the expense and delays associated with probate.
  3. Proper planning can help minimize or eliminate taxes that the government imposes on wealth transfers, "estate taxes" or "death taxes".
  4. Proper planning can help reduce or eliminate capital gains taxes on property transferred at death.
  5. Proper planning can make sure that if while you are alive you are no longer capable of managing your estate, someone can pick up the pieces for you.
  6. Proper planning can provide some asset protection.
  7. Proper planning can avoid conflicts in the event it is necessary to appoint someone as guardian of your minor children.
  8. Proper planning can avoid conflicts in the event it is necessary to appoint a conservator to manage your affairs.

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