Less than 50% of Americans have any estate planning documents.
The #1 reason is simply,
“I haven’t gotten around to it.”
When it comes to your final plans, you only have TWO options:
1. Your OWN PLAN, or;
2. The GOVERNMENT PLAN.
What is the Government Plan?
It is the law of probate.
That's right, it is the law.
"But I have a will, which is all I need."
Untrue. A will is a wish document. In other words, by having a will you are telling the probate court judge what your “wishes” are. The court has to validate your will and make sure no one is contesting it. Then, after all debts are paid, the court orders that your remaining assets be distributed to the heirs you named in your will. It is a stressful, long, and costly process, at a time when your loved ones are at their most vulnerable. Even worse, your estate is exposed to the world for identity theft.
You only have two options:
1) Ignore these facts and like it or not, your family will be stuck with the Government Plan. What is involved in having to go through probate?
A minimum of 6 months to as long as several years to complete the process.
Legal and court costs ranging from 3% to 10% of an estate's value.
A lot of stress for the executor, even with an attorney.
Battling both real and fraudulent debt collectors.
Loss of family privacy, and
The risk of identity theft (search "theft beyond the grave").
2) Opt out of the Government Plan with your own personal plan called a Living Trust.
A trust is a legal contract and avoids probate.
Arieff Consulting partners with Estate Documents Pro, the nation's #1 technology company available for professionals like myself to assist our clients in getting a comprehensive estate plan done in a convenient, simple and affordable manner.
Rather than having to visit a law firm and stress about the cost of each minute you're with an attorney, you can complete everything but the final signing from the comfort of your own home. And we are there to help you every step of the way.
The links below have useful information presented in short videos, and you can experience a free trial, with no credit card needed and no obligation.
Estate Docs Pro 30-day Free Trial (that's right, 3 weeks to procrastinate!)
Estate planning doesn't need to be costly or complex. But the Government Plan is.
Contact Arieff Consulting to enact your plan.
The #1 Blown Off New Years Resolution (Trusts) – December 2021 (EDP) (Pdf Download)
Contact us for a free 15-minute phone consultation.
Thank you for your time and for taking control of your financial future!
Sincerely,
Sam Arieff
Arieff Consulting
(904) 478-0102
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Disclaimer: This newsletter represents the opinion of Arieff Consulting, Inc, and does not constitute financial, tax, or legal advice.