Advantages of a Living Trust Plan

• Avoids probate of family assets.

• Preserves privacy at death.

• Avoids problems of joint ownership.

• Protects assets for disabled children.

• Directs inheritances in blended families.

• Avoids guardianship in the case of incapacity.

• Protects assets from law suits.

• Provides qualification for government benefits.

Estate planning is not just establishing a will or trust.

It also includes:

• Assigning a power of attorney for financial matters upon disability.

• Assigning healthcare proxy to make medical decisions on your behalf.

• Establishing designated beneficiaries on life insurance and retirement accounts.

• Making final expense arrangements.

• Minimizing estate and capital gain taxes.

• Repositioning assets to qualify for government benefits.