You own something. Whether it’s a business, a farm, a car, a savings account, or something else, everyone has something they can protect for their loved ones’ future – and that means everyone has a need for some form of estate planning.
Estate planning is not how much money or assets you have. It’s about protecting what you have during your life – and after you’re gone, for those you love. It ensures what you have gets to the people you love, the way you want, when you want. That’s because a strong estate plan legally ensures things will be handled exactly the way you want by providing sufficient instructions, which helps reduce decision-making for those left behind and streamlines the process of supporting the people and things you love most.
It can seem like a complicated world of legalities and strategies, but we understand you have questions. That’s why we offer free workshops every month in both Augusta, GA and Aiken, SC to answer those concerns. There is no obligation to you, and we provide refreshments.
Estate planning covers a variety of matters:
- Living Will
- Probate Avoidance
- Setting up trusts to defer, or even avoid, taxes
- Protecting your business
- Protecting the assets you leave to your children from their creditors
- Supporting your favorite charity
- Protecting your family harmony
Estate planning really is for everyone. It doesn’t matter if you have $40,000 or $400,000, because you still have to plan for the future. This can range from naming a guardian for your minor children or putting boundaries in place so your children don’t blow through your assets if you unexpectedly die or become disabled (Take, for example, the Terri Schiavo case).
A strong estate plan can only be done by licensed attorneys, and can be as simple as a will or as complex as multiple directives. It can also include a revocable, probate-avoidance trust, asset protection trusts, multi-generational tax-saving trusts, tax-saving charitable trusts, private family foundations, and many other fact-specific strategies.
If you have any questions, need to update an existing plan, or realize your family/business isn’t protected, then please don’t hesitate to contact us today.