Estate Planning Basics An Overview of the Estate Planning Process PLC.1991 (11.09)
Estate Planning Basics
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Basics What Every American Adult Should Know About Estate Planning
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This presentation talks about the basics of estate planning - last wills, living wills, durable powers of attorney, revocable living trusts, and healthcare proxies.
Transcript of Estate Planning Basics
BasicsWhat Every American Adult Should Know About Estate Planning
Last Wills
Last Wills
Living Trusts
Last Wills
Living Trusts
Living Wills
Last Wills
Living Trusts
Living Wills
Durable Powers of Attorney
Last Wills
Living Trusts
Living Wills
Durable Powers of Attorney
Health Care Proxies
Studies indicate that most American adults do not have an estate plan in place.
1 The last will is the most commonly utilized estate planning document.
2 Assets transferred through a last will are subject to the legal process of probate.
This process can be expensive and time-consuming.
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You can arrange for assets to be transferred to your heirs outside of the probate process by executing a revocable living trust.
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Empowers an attorney-in-fact to make financial decisions in your behalf in the
event of your incapacitation.
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Contact the Law Firm of Mark Eghrari in Smithtown, NY at (631) 265-0599 to arrange for a free estate planning consultation.
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