OVERVIEW: In today’s society, a properly structured estate plan is more than just a plan to avoid probate. An estate plan is now used to preserve wealth while a person is alive, prevent lawsuits, provide privacy for the owners of the plan, reduce taxes and lastly to avoid probate. All of these seemingly difficult tasks are accomplished in one structure.
Wills: Don’t risk leaving your children as wards of the state
Credit Shelter Wills: Take advantage of what the federal government allows
Revocable Living Trusts: Avoid probate by re-titling assets
Irrevocable Trusts: Pass assets outside of your estate
Medicaid Trusts: Protect your assets from the ravages of old age
