Friday, December 18, 2009

Common Probate Terms

Understand what your needs are with knowing the common probate terms, Some of these terms  may even answer your questions!

Revocable Living Trust- Prepare comprehen-sive, customized plans according to your needs.

Special Needs and Divorce Protection- Pro-tect loved ones and get informed advice on these important estate planning issues.

Asset Protection- Receive guidance on pro-tecting your legacy.

Retirement Planning- Ensure that your tax-deferred accounts are properly structured to give your family the greatest tax advantages possible.

Long-Term Health Care- Make sure you have properly outlined necessary health care instruc-tions.

Creditor Protection- Find out how you can pro-tect your estate and your heirs.

Structured Buy-Out Plans- The plan you cre-ate for your children to sell or distribute land and assets.

Trust Administration- Distributing your estate after the first and second spouses pass away according to the way your Trust dictates.

Advanced Planning- Get assistance with mat-ters such as Family Limited Partnerships, Ir-revocable Life Insurance Trusts, Charitable Remainder Trusts and Business Succession Planning.

Probate Assistance- Get the assistance you need when someone with or without a Will passes away.

Updating Documents- Ensure that your affairs are in order with regular estate reviews. Amend or restate your existing estate plan to ensure its effectiveness.

Tax Planning- Preserve your wealth and reduce taxes with proper planning.

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