You can prevent this from happening to you
I just talked with a woman whose husband passed away unexpectedly, with dependent children still at home. They had not finalized their will. Two years later, she is still going through probate at great cost, financially and emotionally. She lost control of her life and her estate. Unable to sell or use assets, she has incurred $20,000 in legal fees and over $100,000 due to assets being tied up. Unfortunately there are MANY stories like this! Don’t let it be yours!
Be sure your Will or Trust—covering your estate—is finalized per the legal requirements in your area. You can consult an attorney or use online services. I have not used the latter, so cannot speak to that, but many people use them.
The word “estate” sounds so elaborate. It’s just the property or possessions in your life.
“Fiduciary” is another fancy word. It’s someone you trust to take care of your property or power on your behalf.
Some other instruments attorneys recommend to protect yourself and your estate:
- Durable General Power of Attorney
- Health Care Power of Attorney
- HIPPA Authorization
- Living Will
- Will Substitutes
- Important Personal Information, such as Contacts, Logins, etc.
- These items should be updated every 2-3 years.
You also need to have your financial, medical, insurance and many other items organized, and at the ready. It can seem overwhelming but I can help make it manageable for you.
Don’t be among those who bear the burden of regret for themselves and those who depend on them. This is too easy to put off. Register for the Free Webinar. You really can’t afford not to.