A well-crafted estate plan should provide for your loved ones in an effective and efficient manner by avoiding guardianship during your lifetime, probate at death, estate and income taxes and unnecessary delays. The primary goal of wealth transfer should be the preservation of your values and the corresponding protection of your children. With issues today of divorce, drug and alcohol dependence, lawsuits, and fiscal irresponsibility, you can design a plan that can give your children the support and maintenance they need while safeguarding them. Outright distributions can, and often do, have a devastating effect on the recipient. Comprehensive estate planning will ask the right questions and provide the solutions you may want and need. You should consult a qualified estate planning attorney to review your family and financial situation, your goals and explain the various options available to you. Once your estate plan is in place, you will have peace of mind knowing that you have provided for yourself and your family.
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