Platinum Magazine - March 2022

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beneficiary from Social Security, Medicaid, or even a nursing home or assisted living facility. Protect everything that you’ve worked so hard for from creditors, irresponsible children, and maximum taxes. So, whether you have: 1) Children and/or grandchildren; 2) A home or property; 3) Retirement Account/Investments; 4) Money in a bank account, or 5) A Business, a business. This can all be done for less and you’re ready to get your affairs and than your monthly expresso bill or even plan in order but are overwhelmed with the process, then I encourage you to a dinner for two at your favorite continue reading this article to dispel restaurant in any given month. common misconceptions and gain Taking the time now to make such additional information which most people arrangements is by far the ultimate are not familiar. display of “Love by Planning.” If you have any of the above assets AND If you’re reading this now, and you haven’t done any estate planning, then you have loved ones, then show them your you are still in a position to “Create your “Love by Planning.” Legacy Today, Your Way….” Before you get started though, here are The following information will show you the answers to the most frequently asked questions about estate planning. how even simple Estate Planning will make going through Probate Court easy WHAT IS ESTATE PLANNING? and more importantly how to avoid Probate Court altogether. Every plan is Estate planning is legally ensuring that what you have gets to the people you love, different and will depend on your the way you want when you want by specific situation, and factors such as whether you are single or married, have providing sufficient instructions. minor children, adult children, special Estate planning can be as simple as a Will, needs children, no children, or have a business all dictate your personal estate Health Care Documents, Living Will, and plan. Learn how leaving a Will instead of Power of Attorney. It can also include a Revocable Trust, Irrevocable Trust, the proper Trust can disqualify a

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