You may not have a great amount of assets, but you want to protect the assess you have. These are flexible planning tools that help you fulfill your wishes at minimal expense.
Trust planning is not for everyone, but it offers real advantages. You determine who, when and how your beneficiaries receive your assets. You may be concerned about how your finances will be managed if you should fall ill. You may want to provide for the care of a physically or mentally challenged child or other loved one. A trustee can continue to manage the trust’s funds should you become mentally or physically incapacitated. Unlike a last will, the contents of your trust are private to you and those you wish to share them with. Upfront costs are greater, but generally worth it for the right kind of estate.
Today’s system of healthcare can be expensive, complicated and confusing. Regardless of your age–old or young–or the condition of your health –good or poor–advanced directives are the best way to ensure your healthcare wishes are known and followed.
There are times we may require legal protection. This can range from fear of disputes within the family to overseeing the care of another and their assets with the supervision of the court. When this happens, we may give up our privacy, but we gain the security of legal backing when it counts the most.