Estate Planning & Trust

If you don’t have a plan, the government does.

A Will is not enough to keep you of of probate.

Ensure Peace of Mind with an Estate Plan & Trust

If you don’t have a plan in place, the government will impose a “one-size-fits-all” plan on you. This plan is slow, expensive, and completely public.

Don’t let this happen to you and your family. Get a plan in place to protect your family, your assets, and your peace of mind.

Have you prepared a plan to settle your affairs and distribute your property according to your wishes when the time comes?

Or are you just praying everything will work out the way you want it to?

Why Consider an Estate Plan and Trust to Avoid Probate?

Probate is time-consuming; it can easily take anywhere from a few months to a few years.

It is expensive. The cost can be as much as 10% of the value of the estate.

The estate is fully exposed to the public, including who the beneficiaries are; nothing is sacred.

Theft beyond the grave impacts the estates of the deceased. Over 12 million references to theft beyond the grave are online.

Benefits of an Estate Plan &Trust

Asset Protection and Control

Benefit: You maintain full control over how your assets are distributed during your lifetime and after your passing.

Deeper Meaning: A trust allows you to dictate specific terms, such as who inherits your wealth, how much they receive, and under what circumstances. This ensures your wishes are respected, even in complex family dynamics or unforeseen situations.

Avoid Probate and Save Time

Benefit: A trust bypasses the probate process, allowing your heirs to access assets quickly and privately without court involvement.

Deeper Meaning: Probate can be time-consuming, expensive, and stressful for your family. A trust ensures your estate transitions smoothly and discreetly, reducing emotional and financial burdens.

Minimize Taxes & Maximize Inheritance

Benefit: Strategic estate planning and the use of trusts can significantly reduce estate taxes and other expenses, preserving more wealth for your heirs.

Deeper Meaning: By minimizing tax liabilities, you leave a larger legacy for your family and loved ones, ensuring your hard-earned wealth benefits those you care about most.

Provide for Loved Ones' Needs

Benefit: Trusts can protect and provide for beneficiaries in specific ways, such as funding education, covering medical expenses, or supporting dependents with special needs.

Deeper Meaning: You can create a safety net for vulnerable family members or ensure financial stability for future generations, giving you peace of mind that their needs are met according to your plans.

Planning ahead with a dedicated trust ensures your end-of-life wishes are honored, financial burdens are eased, and your loved ones are spared unnecessary stress.

Estate Plans & Trusts can solve several key concerns for your loved ones.

Avoiding Probate

Ensures your assets are distributed efficiently without lengthy and costly court processes.

Minimizing Taxes

Helps reduce estate and inheritance taxes, preserving more of your wealth for beneficiaries.

Managing Incapacity

Appoints trusted individuals to handle finances and healthcare decisions if you become unable to do so.

Reducing Family Conflict

Provides clear instructions to prevent disputes and misunderstandings among loved ones.

Caring for Minor Children

Appoints guardians and ensures their financial needs are met according to your wishes.

Ensuring Asset Protection

Shields assets from creditors, lawsuits, and potential financial risks.

Protecting Privacy

Keeps your financial and personal matters confidential by avoiding public probate records.

Providing for Special Needs

Protects government benefits and creates long-term care plans for loved ones with disabilities.

Honoring Your Wishes

Guarantees your legacy is handled exactly as you envision, reflecting your values and priorities.

Like other major life events, creating an Estate Plan and trust provides peace of mind, comfort, and assurance, knowing your affairs will be handled, your wishes honored, and your loved ones supported when the time comes.

Part A 2024 Costs:

Premium

$0 for most people (because they paid Medicare taxes long enough while working – generally at least 10 years). This is sometimes called “premium-free Part A.”

If you don’t qualify for a premium-free Part A, you might be able to buy it. In 2024, the premium is either $278 or $505 monthly, depending on how long you or your spouse worked and paid Medicare taxes.

You also have to sign up for Part B to buy Part A.
If you don’t buy Part A when you’re first eligible for Medicare (usually when you turn 65), you might pay a penalty.

Deductible

$1,632 for each time you’re admitted to the hospital per benefit period before Original Medicare starts to pay. There is no limit to the number of benefit periods you can have.

Inpatient Stays (Copayments)

Days 1-60: $0 after you pay your Part A deductible
Days 61-90: $408 each day
Days 91-150: $816 each day while using your 60 lifetime reserve days
After day 150: You pay all costs