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BDS Trusts has launched their revolutionary website for estate planning! Now you can create your comprehensive estate plan in less than one hour.
The full package of documents offered by BDS Trusts is the Estate Planning Portfolio. This package includes:
- Revocable Living Trust
- Last Will and Testament (Pourover Will)
- Advanced Medical Directives
- Durable Powers of Attorney
- Schedules and Ledgers
- Funding Instructions
- Much more!
This comprehensive document set enables you to decide will receive your asset when you die. Continue reading
Millions of people do not have an estate plan but need one. Why? Many people believe estate planning is only for the rich. Or that it’s too expensive. Or too hard. But that’s not true.
Probate: Expensive and Time Consuming
Unless you have a very small estate, any assets you have at death will have to go through probate. Probate is a court proceeding to determine who receives your assets after you die. Even if you have a will specifying your beneficiaries, without a living trust a probate is still needed to transfer ownership of those assets.
Probate can be very expensive. There are court fees and there may also be attorneys fees. Probate is also time consuming. Depending on where you live, a legal probate proceeding can take many month or even more than a year.
Living Trust: The Better Alternative
A living trust avoids the need for probate. It enables you to take control over what happens to your hard-earned assets after you die. It also makes it a lot easier on the people you leave behind. Having to deal with the death of a loved one is hard enough without the added hassles of a legal probate proceeding.