An Estate Plan Can Help Your Heirs Avoid Probate via Wills, Trusts

Many people have the misconception that a simple will is sufficient to provide for the passing of their assets to their heirs after their death. When a person dies with only a will, however, that will must go through a legal process called probate, which can be costly and time-consuming. In contrast, a comprehensive and well-designed estate plan can keep your estate out of probate entirely. Your heirs will receive their bequests in a more timely fashion, and your assets will not be depleted by the costs associated with probate court.
An estate plan can also provide for your own future and the future of your children. When we at Gantz Law Firm, LLC develop estate plans for our clients, we make sure to ask about our clients’ wishes in the event of their illness or incapacity. With tools like living wills, trusts, guardianships, conservatorships, advance health care directives and durable powers of attorney, we can make sure your health care wishes are followed if you become ill or otherwise incapacitated. A trust can also specify a guardian for your children in the event of both parents’ deaths.