Super Bowl weekend is finally upon us. Rolling Stone has listed some of the best past Superbowl halftime shows in honor of football’s biggest day. Along with some of these epic musical performances, we are enumerating some of the best reasons why you should have a trust in place.

  • Rolling Stone’s list of memorable musical gigs include Pete Townshend’s “Won’t Get Fooled Again.” Just like he fired up the crowd in 2010, you can rock your estate plan by establishing a trust, which allows you to make  special gifts to individuals or organizations. This can include gifts such as jewelry, furniture, or even family heirlooms.
  •  In 1995, Patti LaBelle won hearts by dressing up as an Egyptian princess while belting out “Release Yourself.” You can release yourself from the burdens of heavy taxation by having your South Florida estate planning attorney help you structure your estate in order to reduce or even eliminate estate tax.
  •  In 1997,  James Brown stole the halftime show while sporting his pink satin suit during the big hit “I Feel Good.” Nothing feels better than saving tons of money. A trust avoids probate which can save you thousands of dollars in probate costs and attorney fees.
  • Bruce Springsteen made the list when he busted out his classic “Born to Run” in 2009. With a trust in place, your estate can be settled after your death as fast as a quick  jog. You don’t have to worry about a protracted process that can take up to years due to the judicial process and court delays.
  •  In 2005, former Beatle, Paul McCartney unspooled his talent during his performance in “Live and Let Die.” The world can be a very difficult and capricious place to live in. Experience can have a disenchanting effect on even the most open hearts. With a trust, you have control. You can include instructions on how you would like to have your assets managed. You can revoke elements of your trust, change your beneficiaries, and sell property.
  •  Who can forget Michael Jackson’s stellar performance in 1993 when he brought the house down with “Billie Jean.”  Just like the King of Pop, who valued privacy when it came to his personal life, a living trust allows you to keep your financial affairs and the names of your beneficiaries private.
  • Janet Jackson and Justin Timberlake’s performance in Super Bowl 2004 will always be deeply ingrained in our memories regarding that infamous wardrobe malfunction incident. Having a trust in place is low maintenance and you only need to amend your trust when changes in your life occur. You might want to change or add a new beneficiary to your estate or you may decide to change how your assets should be distributed. There is very little room for a trust malfunction when you keep it up to date.
With some of these fabulous reasons to have a trust, you can keep your beneficiaries buzzing with unforgettable memories of your legendary planning.

For more information on how to plan for you business’ future, contact our South Florida law firm of Wild, Felice & Partners, PA for a free consultation at (954) 944-2855.

It’s a Wild world. Are you protected?SM

 

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