Did you know that without proper planning, you are sending your loved ones to court? That is so strange to me. We try to avoid going to court during our daily lives, but 70% of Americans are effectively saying, “I love you so much, off to court with you!”
I hear all of the time, “I will be dead, I don’t care how long it takes. I don’t care how much it costs.” And that is true, so I am starting a new campaign:
Help your parents plan their estate
By having your parents meet with an estate planning attorney, and to implement a proper estate plan (there are many unintended consequences for not having a proper estate plan), you are helping yourself (as well as your parents). So if for no other reason, having your parents meet with one of our attorneys will save you a lot of headaches later on.
You will have a clear document that guides you through the administration process (the steps to be followed after a person dies with a proper estate plan). There will be no court delays. There will be no court cost. There will be no court. A proper estate plan, which utilizes a revocable trust as its foundation, avoids the court process of probate.
And that is the tip of the iceberg. A proper plan can provide so much more for your parents, and ultimately for you.
Help your parents plan their estate their estate today. Have them give us a call, and make an appointment to meet with one of our estate planning attorneys. We will help them, and in turn, it will ultimately help you.
Contributed by Morris Hall, PLLC Albuquerque, Santa Fe and Las Cruces Estate Planning Attorney and Partner, James P. Plitz.
About Morris Hall, PLLC:
At Morris Hall, PLLC we have focused our legal practice on estate planning for over 45 years. Along with estate planning, our attorneys help clients and their families with matters of probate, trust administration, wills, power of attorneys, business planning, succession planning, legacy planning, charitable gifting and other important legal aspects. We also have divisions in financial, real estate and accounting to help you incorporate all of your planning together, ensuring that everything works perfectly for your needs and situation. Our Arizona offices are located in Phoenix, Mesa, Scottsdale, Carefree, Tucson, Oro Valley, Prescott, Flagstaff and Arrowhead. Our New Mexico offices are located in Albuquerque, Las Cruces and Santa Fe. Contact us today at 888.222.1328 to schedule an appointment!
This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.
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- Estate Planning Tips for Parents with Minor Children - May 5, 2020
- Why Would I Want My Trust to Be a Secret? - April 28, 2020
