Have you ever had to go through the probateprocess when a loved one died? It’s horrible. The court and attorney fees are very high, the assets are tied up for an incredible amount of time and the entire process can lead to public embarrassment and fighting amongst family members. In the song Wont Get Fooled Again, the Who must have been thinking about the probate process and how to avoid it. Here’s a brief translation of one of the verses:
I’ll move myself and my family aside (the band is going to protect their families with estate planning)
If we happen to be left half alive (in addition to the trust, a power of attorney will protect from incapacity)
I’ll get all my papers and smile at the sky (the living trusts created by the band members)
Though I know that the hypnotized never lie (so the fighting among family members will be avoided)
Do ya? (do you have your plan in place?)
A trust-based foundational estate plan can save your family hundreds of thousands of dollars in estate tax and probate fees and for the month of April, the law firm of Wild Felice & Pardo PA will draft your estate plan at a 25 percent discount if you mention this blog post. I’d call that a Bargain … not the best I’ve ever had, but still pretty good.
For more information on successful Florida estate planning and probate techniques, please contact the South Florida law firm of Wild Felice & Pardo, P.A. at 954-944-2855 or via email at firstname.lastname@example.org to schedule your free consultation. It’s a Wild world. Are you protected?