Wills, Trusts, & Estates
Granting peace of mind to you and your loved ones.
Estate Planning for Everyone
They say nothing is certain but death and taxes. Most people think that the purpose of estate planning is to avoid the latter in the event of the former – and so believe that estate planning is exclusively for the very wealthy. This could not be further from the truth!
There are many reasons beyond minimizing tax liability to engage in pre-planning:
- Spare your friends and family the uncertainty and expense of dealing with intestacy and probate.
- Ensure that your wishes are followed.
- Allow you to choose who will administer your estate when you pass.
- Protect your legacy.
Wills: Why (Almost) Everybody Needs One
A Will is the document most people think of when they think of estate planning – and with good reason. Wills, whether simple or complex, perform several essential functions, including:
- Identify the person to whom you would like to entrust the administration of your estate.
- Ensure that the objects you valued in life end up in the hands of those who will cherish them as you did – or at least that your heirs know what your collectibles are worth in the event they are sold.
- Create a Testamentary Trust. Not every client needs to create a fully-funded Trust during their lifetime, but may benefit from the creation of a trust.
Trusts: They’re Not Just for Rich Kids
There are many ways you and your loved ones might benefit from the creation of a Trust:
- Minimize the amount of your estate subject to probate – or bypass it entirely!
- Protect the interests of your children from a prior marriage, while ensuring that your current spouse is provided for during their lifetime.
- Preserve the eligibility of disabled heirs to receive public assistance, while still contributing to their comfort.
- Safeguard spend-thrift or substance-addicted heirs from themselves – without having to disinherit them.
. . . and so much more!
Give yourself the gift of peace of mind.
Contact Capital Law Group at 608-471-5365 or fill out this form to begin working with our team to protect your legacy.
