Estate planning on your own can be complicated and costly. And the list is endless... state taxes, bureaucracy, probate courts, unfair appraisals, health care concerns, eligibility of heirs, life insurance, IRA's, 401K's, annuities, burial or cremation costs, and intent regarding death-postponing treatment to name a few. Not knowing your legal and financial rights often ends up costing you more in the end.
Thoughts of estate planning often bring more questions than answers: Could an heir be too young to inherit?
Should the inheritance be given at a certain age? Is the intended beneficiary in a shaky marriage with divorce as a
possibility? Are there children from a previous marriage? Should inheritance be protected from potential creditors of
the heir? Are there taxes that can be avoided? Are you able to avoid the probate court rules, delays, and