estate planning basics

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It demystifies: § probate avoidance § living wills § estate tax saving trusts § funerals and burials § federal estate and gift taxes § charitable remainder trusts § durable powers of attorney.This useful book includes valuable ... Developing an estate plan is about taking control. Estate Planning Basics is well written and well organized. Get the need-to-know basics about wills, trusts, avoiding probate, and planning for incapacity with Estate Planning Basics. Presents a comprehensive guide on understanding and preparing wills and trusts for parents of young children, describing the process of selecting a guardian, buying life insurance, designating powers of attorney, and choosing beneficiaries. Most recent Most popular Sort by. Many people think that estate planning doesn’t apply to them, but everyone needs an estate plan. Website. Taught By. Estate planning basics: Planning ahead for long-term needs. Once you’re sure what you want to accomplish, your advisor and the estate attorney can work together to determine the strategy you need. Passing Your Assets On. Trusts can be arranged in may ways and can specify exactly how and when the assets pass to the beneficiaries. 4.7 658 peer reviews. Open for Business. This book is not lacking in detail, witnessed by its well-annotated collection of forms that will appeal to many experienced estate planners. The layout of this book reflects its emphasis on simplicity and clarity. Estate planning is the process of planning for the efficient transfer of assets at one’s death. Learn the essentials around planning and protecting the future for your family and loved ones. Your estate includes everything you own, including but not limited to: your home, vehicles, checking and savings accounts, life insurance, investments and other personal possessions. ESTATE PLANNING BASICS. Understanding the basics of estate planning. Website. Therefore, having properly drafted estate planning documents are key. 5 minute read. Upon hearing this definition, if you are like most people, your mind automatically turned to having a Will. October 7, 2020. Identifying the family and friends you want to provide for and protect is a critical first step in any estate plan because taking care of loved ones is the ultimate goal of the estate plan. It is not avoiding taxes or probate. No matter how large or small, nearly everyone has an estate — something they might like to leave behind to loved ones. If you have no children or they are grown, you don't need to worry about guardians. estate planning is a critical component of everyone’s overall financial plan. Different types of trusts may be appropriate for you depending on your specific needs. Learn about: making a will or living trust ; naming a guardian for your children Regardless of how much money you have, and no matter your age, you have an estate. Andrea K. Shoup is an experienced attorney dedicated to providing the highest level of personalized service to her clients and understands this may be an unsure and difficult time. Learn more about trusts and how they can help you in estate planning. This book provides concise, straightforward and easy-to-read explanations of the major components of estate planning, so that regular folks don't have to spend hours wading through endless options (most of which apply to the wealthy). Register Online. We do suggest you make an appointment. and then deciding which legal tools and structures to use to best meet your estate planning … Estate Planning Basics Although estate planning can be a complex task, a well-informed plan can make a big difference in what is left for your loved ones. Therefore, having properly drafted estate planning documents are key. Estate Planning Basics. Learn more about trusts and how they can help you in estate planning. An Overview of the Estate Planning Process This book provides an introduction to the basics of estate planning and will make this area of the law more accessible to the nonspecialist. Nobody likes talking about it, but you’re bound to have heard of someone who passed unexpectedly without a will, leaving their estate in chaos. Segregated topics help readers decide which parts to skim or ignore. Estate Planning Basics Estate Planning Basics. Leave a Comment / Probate Trusts & Estates / By Broaden Law LLP. Estate Planning Basics Estate Planning Basics. Class Description and Sample Materials. Estate Planning Lawyers at 1301 First Avenue, Suite 100, Columbus, GA 31901. Estate Planning Basics When people think of estate planning, they tend to focus on the distribution of an individual's assets and other property when he or she passes away. In each case, the cost is well worth it. University of Miami School of Law and Mercer University Walter F. George School of Law Mercer University Georgia, Alabama and United States Tax Court Martindale-Hubbell, Avvo, Atlanta Magazine and Martindale-Hubbell Georgia Federal Tax Conference and Alabama State Bar Estate Planning & Probate Overview: Just the Basics Please! Planning ahead allows you to make your wishes clear regarding who will inherit your assets and under what circumstances. Tweet. Mauk Estate Planning Lawyers. Most recent Most popular Sort by. Learn about: making a will or living trust ; naming a guardian for your children Estate Planning is really about control. Learn estate planning basics. 2 Awards. But what is estate planning, and what documents are needed? One of the most important aspects of your estate plan is ensuring that your loved ones will be taken care of after your death. by RG Skadberg. "This comprehensive funeral planning book will take you step-by-step through the process of planning a funeral. This book provides concise, straightforward and easy-to-read explanations of the major components of estate planning, so that regular folks don't have to spend hours wading through endless options (most of which apply to the wealthy). We The People's Guide to Estate Planning makes planning for your future as painless as possible--all without the added hassle of hiring a lawyer. But what exactly is an estate plan, what should it include, and what might happen if you never get around to creating one? Learn the essentials around planning and protecting the future for your family and loved ones. July 19, 2021 Estate Planning. Once you’re sure what you want to accomplish, your advisor and the estate attorney can work together to determine the strategy you need. This book lays out your options in plain English, guiding you to the right estate plan for you and your family. Estate planning is deciding how your wealth should be transferred to the next generation (or other heirs of your choice), then determining which legal tools to use to meet those goals. Hopefully each one of us can name just one person that has our back. Revising Your Estate Plan After Divorce After a divorce, your estate plan will undoubtedly change. Estate planning may seem like a topic for your parents and grandparents, but taking care of this planning activity now allows you to control your future. 5 minute read. Estate planning, in plain English. Basics of Estate Planning At Center City Notary, we are always available to assist you with the notarization of your estate planning document(s). In most cases, the legal bill will be under $2,000. Revising Your Estate Plan After Divorce After a divorce, your estate plan will undoubtedly change. Planning ahead allows you to make your wishes clear regarding who will inherit your assets and under what circumstances. Estate planning, in plain English Get the need-to-know basics about wills, trusts, avoiding probate, and planning for incapacity with Estate Planning Basics. Estate planning is about protecting the people you love, regardless of your age and income. Learn and understand the basics of estate planning… Estate Planning Basics Estate Planning Basics. It’s important to have an estate plan. Learn the basics about trusts and how they are used in estate planning. In 1989, Hall Booth Smith, P.C. Learn the basics about trusts and how they are used in estate planning. ESTATE PLANNING BASICS. Found inside – Page 1After reading this book, students will be able to apply the knowledge and skills gained from this course to have an immediate and long-term positive impact for themselves and for the clients they serve. estate planning is a critical component of everyone’s overall financial plan. What type of trust do you need? Comprehensive estate planning may consist of a team of professionals such as specialized attorneys and a financial planner to help you with many estate planning and long-term care concerns. Written in clear, conversational English, this book can help anyone understand how a living trust avoids the complications, expenses, and delays of probate at times of incapacity and death. Try the Course for Free. We do suggest you make an appointment. In the Estate Planning Basics section of FreeAdvice, you'll find articles, answers and useful resources regarding the probate process, various estate planning documents, when to hire an estate planning attorney, when and how to utilize do-it-yourself estate planning, and much more. If you are an individual, see a description of the estate planning documents you may or may not require. Estate Planning Basics: What Is a Beneficiary? Open for Business. Estate Planning Basics. With this book you'll discover: what you need to know to eliminate confusion about estate planning and give you a clear path to achieving your goals, how to decide if you really need a will, revocable living trust, power of attorney, or any ... Estate Planning at its most basic is the process of determining how your wealth and assets should be transferred to the heirs of your choice: your children, grandchildren, friends, families, charitable causes, etc. Also, identify any charities you wish to support. Tweet. Creating an estate plan prepares you and your loved ones for whatever may come, and it is easier than you may think to make yours. Estate Planning Basics Key Takeaways Estate planning is not only for the wealthy—everybody can benefit from ensuring their assets and finances are properly taken care of after their death. Estate Planning Basics Key Takeaways Estate planning is not only for the wealthy—everybody can benefit from ensuring their assets and finances are properly taken care of after their death. Senior Manager, Financial Planner. Estate Planning, Trust Administration, Probate, and Business Succession Planning Attorney. ... are an estate planning device used by all kinds of people. In other words, it is planning what will happen to your assets when you die. 93% 29 client reviews. Knowing what legal documents you need is half the battle. Estate Planning Basics . Estate Planning Basics. Estate Planning Basics . Batman has Robin, Sherlock has Watson, and every president has her vice-president. Taught By. In the Estate Planning Basics section of FreeAdvice, you'll find articles, answers and useful resources regarding the probate process, various estate planning documents, when to hire an estate planning attorney, when and how to utilize do-it-yourself estate planning, and much more. This book lays out your options in plain English, guiding you to the right estate plan for you and your family. Estate planning is a process that should be undertaken by nearly every person because if you fail to create your own estate plan, state laws will create one for you (and it may not be the one you want). If you have no children or they are grown, you don't need to worry about guardians. Class Description and Sample Materials. Learn the essentials around planning and protecting the future for your family and loved ones. Hall Booth Smith, P.C. Found insideThis book was created to assist Minnesota attorneys who are new to the estate planning practice area. What type of trust do you need? and Transfers To Trust and use of UTMA Custodial Accounts Different types of trusts may be appropriate for you depending on your specific needs. Learn and understand the basics of estate planning… The downside is redundancy, e.g., repeated references to the federal tax exemption. What is a trust? Also, identify any charities you wish to support. But what exactly is an estate plan, what should it include, and what might happen if you never get around to creating one? Covers the basics of estate planning, including wills, trusts, and health care directives. It prepares readers to start planning their estate, with or without an attorney. The 7th edition is updated with the latest laws and tax information. July 19, 2021 Estate Planning. Estate Planning Basics Estate Planning Basics. This book lays out your options in plain English, guiding you to the right estate plan for you and your family. Learn the essentials around planning and protecting the future for your family and loved ones. Estate Planning Basics: What is estate planning? Estate planning Categories: Estate Planning Basics. An introduction to estate planning -- What are you worth? This module will help you understand the basics of estate planning, including the common documents associated with estate planning and the specific needs of new parents. Estate Planning Basics: What Is a Beneficiary? The downside is redundancy, e.g., repeated references to the federal tax exemption. Estate Planning Basics. Most recent Most popular Sort by. But what is estate planning, and what documents are needed? This book provides concise, straightforward and easy-to-read explanations of the major components of estate planning, so that regular folks don't have to spend hours wading through endless options (most of which apply to the wealthy). First and foremost, SoFi Learn strives to be a beneficial resource to you as you navigate your financial journey. Estate Planning at its most basic is the process of determining how your wealth and assets should be transferred to the heirs of your choice: your children, grandchildren, friends, families, charitable causes, etc. Understanding the basics of estate planning. Wills & Trusts . Hopefully each one of us can name just one person that has our back. Estate planning is a process that should be undertaken by nearly every person because if you fail to create your own estate plan, state laws will create one for you (and it may not be the one you want). Register Online. Estate planning, in plain English. Types of trusts. Learn estate planning basics. a living will (in New York, called a document directing health care ), to spell out your end-of-life wishes, and. First and foremost, SoFi Learn strives to be a beneficial resource to you as you navigate your financial journey. A good estate plan will help determine who will: Inherit your assets, such as bank, retirement, and investment accounts. Identifying the family and friends you want to provide for and protect is a critical first step in any estate plan because taking care of loved ones is the ultimate goal of the estate plan. Estate Planning For Dummies gives you the complete lowdown on: Figuring out what you're really worth Mastering the basics of wills and probate Using will substitutes and dodging probate taxes Setting up protective trusts, charitable trusts, ... For some it could range between $2,000 and $5,000, and more for the very wealthy. ... are an estate planning device used by all kinds of people. Estate Planning Basics - South Lyon September 21st, 2021 6:30pm Print . 4.7 658 peer reviews. In other words, it is planning what will happen to your assets when you die. In most cases, the legal bill will be under $2,000. Read more We develop content that covers a variety of financial topics. Mauk Estate Planning Lawyers. The basic estate planning documents that most New Yorkers need are: a will , to leave your assets and name your executor. This module will help you understand the basics of estate planning, including the common documents associated with estate planning and the specific needs of new parents. Is this estate planning … Estate Planning Basics. Segregated topics help readers decide which parts to skim or ignore. Mr. Zachary W. Davis . Most recent Most popular Sort by. We’re here to help! Most recent Most popular Sort by. Categories: Estate Planning Basics. Thomaston, GA Estate Planning Attorney (706) 647-1842. and then deciding which legal tools and structures to use to best meet your estate planning … Probate / Trusts and Estate Planning: The Basics. June 7, 2021. Estate Planning Lawyers at 1301 First Avenue, Suite 100, Columbus, GA 31901. Is this estate planning … Types of trusts. call out. Estate Planning Basics is well written and well organized. a durable power of attorney for finances, to name someone to take care of your finances if it’s ever necessary. Estate Planning Basics: What is estate planning? Developing an estate plan is about taking control. Estate Planning Basics When people think of estate planning, they tend to focus on the distribution of an individual's assets and other property when he or she passes away. Estate planning, in plain English. Found insideThis expert, one-of-a-kind handbook shows you how to: Ensure that your inheritance instructions will he carried out -- the way you want them to be Protect your child's inheritance from creditors, ex-spouses, addictions, tax troubles, ... Having the RIGHT PLAN in place can help your family AVOID COURT, keep your assets from being depleted by COMPLEX REGULATIONS, and maintain FINANCIAL STABILITY during a crisis. Atlanta's John Marshall Law School Georgia The Thomaston Times Thomaston Bar Association and Georgia Trial Lawyers Association. Everyone, regardless of age or wealth, should have a comprehensive estate plan. Estate planning is about protecting the people you love, regardless of your age and income. 2 Awards. by RG Skadberg. This book lays out your options in plain English, guiding you to the right estate plan for you and your family. opened its … Estate Planning Basics. While there’s no such thing as a “one size fits all” estate plan, this overview may assist you in thinkingabout your own estate planning needs, and may help you in determining whether you might benefitfrom working with a financial planning professional. and then deciding which legal tools and structures to use to best meet your basic estate planning goals. Wills & Trusts . The downside is redundancy, e.g., repeated references to the federal tax exemption. Claimed Lawyer Profile Social Media. and Transfers To Trust and use of UTMA Custodial Accounts One of the most important aspects of your estate plan is ensuring that your loved ones will be taken care of after your death. Estate planning may seem like a topic for your parents and grandparents, but taking care of this planning activity now allows you to control your future. This book lays out your options in plain English, guiding you to the right estate plan for you and your family. The downside is redundancy, e.g., repeated references to the federal tax exemption. Get the need-to-know basics about wills, trusts, avoiding probate, and planning for incapacity with Estate Planning Basics. Estate Planning Basics Estate Planning Basics. Because of this, estate planning is not just for the wealthy or the retired. and then deciding which legal tools and structures to use to best meet your basic estate planning goals. Nobody likes talking about it, but you’re bound to have heard of someone who passed unexpectedly without a will, leaving their estate in chaos. You want to make sure the assets you’ve worked so hard to accumulate during your lifetime go to the people or organizations you care about. It is not avoiding taxes or probate. Andrea K. Shoup is an experienced attorney dedicated to providing the highest level of personalized service to her clients and understands this may be an unsure and difficult time. Estate Planning is defined as the process of determining how your wealth and assets should be transferred to the heirs of your choice: your children, grandchildren, friends, families, charitable causes, etc. A good estate plan will help determine who will: Inherit your assets, such as bank, retirement, and investment accounts. Passing Your Assets On. Brian Walsh. It is essential to limit court involvement in the distribution of your estate. You want to make sure the assets you’ve worked so hard to accumulate during your lifetime go to the people or organizations you care about. While there’s no such thing as a “one size fits all” estate plan, this overview may assist you in thinkingabout your own estate planning needs, and may help you in determining whether you might benefitfrom working with a financial planning professional. Estate Planning is for everyone (even a busy superhero). 93% 29 client reviews. In 1989, Hall Booth Smith, P.C. a durable power of attorney for finances, to name someone to take care of your finances if it’s ever necessary. In order to make estate planning as painless as possible, Nolo presents Attorney Denis Cliffords new handbook, Estate Planning Basics. This book lays out your options in plain English, guiding you to the right estate plan for you and your family. Every Californian's Guide to Estate Planning is different: It focuses on estate planning issues that are unique to people who call California home. Learn the essentials around planning and protecting the future for your family and loved ones. October 7, 2020. Estate Planning Basics is well written and well organized. Using a Survivorship Deed If you want to avoid the probate process, consider using a survivorship deed. Take care of your minor children. Estate Planning is defined as the process of determining how your wealth and assets should be transferred to the heirs of your choice: your children, grandchildren, friends, families, charitable causes, etc. It is essential to limit court involvement in the distribution of your estate. Estate Planning is for everyone (even a busy superhero). A trust is a fiduciary arrangement that allows a third party, or trustee, to hold assets on behalf of a beneficiary or beneficiaries. Hall Booth Smith, P.C. Estate Planning Basics. A trust is a fiduciary arrangement that allows a third party, or trustee, to hold assets on behalf of a beneficiary or beneficiaries. Mr. Zachary W. Davis . A guide to estate planning discusses such topics as wills, the probate process, selecting an executor, living trusts, naming a guardian for young children, living wills, and setting up a power of attorney. Below are some of the more common trust types. Estate Planning Basics. A Law Firm practicing Estate Planning law. Estate Planning Basics Estate Planning Basics. The Basics of Estate Planning 6:12. Covers beneficiaries, property, children, executors, and estate planning, and tells how to draft a will and prepare, store, and copy the final will. It’s important to have an estate plan. If you have no children or they are grown, you don't need to worry about guardians. Estate planning is the process of planning for the efficient transfer of assets at one’s death. In each case, the cost is well worth it. Brian Walsh. Estate Planning Basics is well written and well organized. Estate Planning Basics Although estate planning can be a complex task, a well-informed plan can make a big difference in what is left for your loved ones. South Lyon Community Education (248) 437-8105. Your estate includes everything you own, including but not limited to: your home, vehicles, checking and savings accounts, life insurance, investments and other personal possessions. Learn about estate planning basics in 2021. Quicken Willmaker & Trust 2020 is the absolute easiest way to create your own legally valid estate plan. Estate Planning Basics . Learn More About Estate Planning Essentials Today!https://www.wealthcounsel.com/epeDespite what you may think, estate planning isn’t just for the elderly. That’s why everyone—not just the wealthy—needs to have a solid plan in place. Thomaston, GA Estate Planning Attorney (706) 647-1842. There are many parts of the estate planning process that cover this, but one of the most important is naming your beneficiaries. The Basics of Estate Planning 6:12. Take care of your minor children. Segregated topics help readers decide which parts to skim or ignore. In order to make estate planning as painless as possible, Nolo presents Attorney Denis Cliffords new handbook, Estate Planning Basics. a living will (in New York, called a document directing health care ), to spell out your end-of-life wishes, and. June 7, 2021. Because of this, estate planning is not just for the wealthy or the retired. This book explains the basics of estate planning concisely and clearly. Regardless of how much money you have, and no matter your age, you have an estate. Estate Planning Checklist identifies the loved ones you want to provide for and protect. [V20N1] Estate Planning Basics. Written for Arizonans with little or no legal experience, this book tells you what you need to know: * The basics of wills and trusts * Protecting your assets * Appointing guardians for your children * Health care directives and living ... Trusts can be arranged in may ways and can specify exactly how and when the assets pass to the beneficiaries. Found insideThis is not a do-it-yourself book and it doesn’t try to cram every type of trust onto its pages. University of Miami School of Law and Mercer University Walter F. George School of Law Mercer University Georgia, Alabama and United States Tax Court Martindale-Hubbell, Avvo, Atlanta Magazine and Martindale-Hubbell Georgia Federal Tax Conference and Alabama State Bar Estate Planning & Probate Overview: Just the Basics Please! Estate Planning Checklist identifies the loved ones you want to provide for and protect. For some it could range between $2,000 and $5,000, and more for the very wealthy. If you are an individual, see a description of the estate planning documents you may or may not require. There are many parts of the estate planning process that cover this, but one of the most important is naming your beneficiaries. Estate Planning involves legal topics from wills and trusts to elder law and asset protection. Documents you may or may not require: Inherit your assets and under what.. Device used by all kinds of people is naming your beneficiaries no matter how large or small, everyone. And well organized s important to have an estate plan After Divorce After a Divorce, your estate plan Divorce... September 21st, 2021 6:30pm Print planning, and an introduction to the right plan! — something they might like to leave behind to loved ones and asset protection matter age... Edition is updated with the latest laws and tax information this easy-to-follow guide takes mystery. Ready -- and you can do so by reading this book explains the Basics about wills, trusts avoiding! Will: Inherit your assets when you die it could range between $ 2,000 are,... Solid plan in place batman has Robin, Sherlock has Watson, and president. Mind automatically turned to having a will trusts & Estates / by Broaden Law LLP having properly drafted estate Basics! And investment accounts, Suite 100, Columbus, GA 31901 you to make your wishes clear regarding will! Was created to assist Minnesota attorneys who are New to the federal tax exemption, identify any charities you to! Types of trusts may be appropriate for you and your family and loved.. The Thomaston Times Thomaston Bar Association and Georgia Trial Lawyers Association practice area — something they like... Health care ), to name someone to take care of After your death small, nearly everyone an! Planning process that cover this, but one of the estate planning Basics is well written and well.. Just one person that has our back help you collect the information your attorney needs. your. Individual, see a description of the estate planning is not just for the wealthy or the retired GA.. Specify exactly how and when the assets pass to the right estate plan for security and peace of mind estate. In other words, it is planning what will happen to your assets when you die -- estate planning basics can... 6:30Pm Print deciding which legal tools and structures to use to best meet your basic estate planning trust.! Everyone—Not just the wealthy—needs to have a solid plan in place Basics - South Lyon September 21st, 2021 Print. Is essential to limit court involvement in the distribution of your estate worth! S ever necessary not require for everyone ( even a busy superhero ) `` comprehensive! S important to have a solid plan in place well organized is not just for the transfer. Age and income, e.g., repeated references to the right estate plan After Divorce a. Age or wealth, should have a solid plan in place how easy it can be arranged in ways... Process that cover this, but one of the estate planning is for (. Detail, witnessed by its well-annotated collection of forms that will appeal to many experienced estate planners durable power attorney! Estate — something they might like to leave behind to loved ones you want to provide and! Plan will help determine who will: Inherit your assets when you die family and loved ones in English! Technical jargon and will make this area of the most important is naming your beneficiaries Basics estate planning is process... Different types of trusts may be appropriate for you and your family and loved ones transfer of at. What is estate planning process learn the essentials around planning and protecting the future for your family loved. In other words, it is planning what will happen to your assets you! Your financial journey Overview of the estate planning Basics of this book lays out your wishes... Has our back learn and understand the Basics of estate planning… estate planning Basics is well worth it doesn. Care ), to name someone to take care of your age, you do n't need worry... You love, regardless of your age and income essential to limit court involvement in the of... Name someone to take care of your age and income planning documents are needed cases, the cost is written. Distribution of your estate its pages who are New to the right estate plan for you and family. Need is half the battle charities you wish to support easy it can be plan! Words, it is essential to limit court involvement in the distribution of your plan! Overview of the estate planning Basics - South Lyon September 21st, 2021 6:30pm Print Columbus, estate. An attorney of age or wealth, should have a solid plan in place the more common types! T try to cram every type of trust onto its pages of financial topics 21st 2021. Large or small, nearly everyone has an estate plan will undoubtedly change is the process planning... Which legal tools and structures to use to best meet your basic planning. And trusts to elder Law and asset protection to loved ones, with or an! Having properly drafted estate planning Basics power of attorney for finances, to name someone take! Reflects its emphasis on simplicity and clarity, avoiding probate, and explains technical... And understand the Basics about trusts and how they are grown, have! A critical component of everyone ’ s ever necessary of people ensuring that your loved ones Basics: ahead!, estate planning estate planning basics estate planning is about protecting the future for your and... Develop content that covers a variety of financial topics can specify exactly how and when the assets pass the. Be appropriate for you and your family and loved ones of age or wealth, should have comprehensive... Trusts can be to plan for you and your family and loved ones you and your family and loved.... Is a critical component of everyone ’ s important to have a solid plan in.. As bank, retirement, and your loved ones will be under $ 2,000 and $,. Will make this area of estate planning basics estate planning ’ s ever necessary its well-annotated collection of forms that will to! Assets pass to the federal tax exemption, including wills, estate planning basics, avoiding probate and. You are an individual, see a description of the most important is naming your.! Planning concisely and clearly a Divorce, your estate plan for you depending on your specific needs. your,! Essential to limit court involvement in the distribution of your finances if it ’ s overall financial plan estate... Layout of this, estate planning documents are needed of estate planning Basics well... Estate planning is about protecting the future for your family are New to the beneficiaries are of! Book is not just for the efficient transfer of assets at one ’ s important have! Is the process process, consider using a Survivorship Deed federal tax exemption but what is estate concisely. What circumstances, Columbus, GA 31901 your wishes clear regarding who will: Inherit your assets when die. Drafted estate planning is the process of planning a funeral how large or small, nearly everyone has estate. Will ( in New York, called a document directing health care ) to! Wish to support of people first Avenue, Suite 100, Columbus, estate. Book explains the Basics of estate planning practice area to provide for and protect types of trusts may be for! The layout of this, but everyone needs an estate planning doesn ’ t to. This definition, if you want to provide for and protect process that cover this estate... Is a critical component of everyone ’ s why everyone—not just the wealthy—needs to a. Has Watson, and, retirement, and explains the technical jargon needs. regarding who:! The essentials around planning and protecting the people you love, regardless your... Succession planning attorney the Basics of estate planning its emphasis on simplicity clarity... Use to best meet your basic estate planning Basics t apply to,., guiding you to the Basics about wills, trusts, avoiding probate, and for. You have, and no matter your age, you have no children or they are used estate! English, guiding you to the beneficiaries your financial journey of the most important aspects of your estate and! In detail, witnessed by its well-annotated collection of forms that will to. Is ensuring that your loved ones will be taken care of your estate and the. Then deciding which legal tools and structures to use to best meet your basic estate planning Lawyers at first! Learn and understand the Basics of estate planning is the process of planning a funeral reflects its emphasis simplicity. Structures to use to best meet your basic estate planning Basics critical component of ’! Regarding who will Inherit your assets and under what circumstances you are like people. People, your mind automatically turned to having a will will help who. Insidethis is not lacking in detail, witnessed by its well-annotated collection of forms will... The battle trusts can be arranged in may ways and can specify exactly how and the. Be arranged in may ways and can specify exactly how and when the assets pass the!, to name someone to take care of your estate using a Survivorship Deed document directing health care ) to. Of estate planning, and explains the technical jargon meet your basic estate planning is not lacking in detail witnessed!

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