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Frequently Asked Questions
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Mention to your audience that, should they have a question or concern, they can either find the answer in one of the toggle modules below, or, that if their query still persists, they can contact you either using the contact details to the left or through the Contact page.
What is the average timeline for a project?
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Can I use my preferred suppliers?
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What is the difference between a will and a trust?
Answer:
What happens if I die without a will?
Answer:
How can my estate avoid probate?
Answer:
Who needs a Power of Attorney?
Answer:
What assets make up my estate?
Answer:
- Publicly Traded Securities (stocks, bonds, mutual funds)
- Real Estate
- Ownership Interest in a business
- Personal property
- Vehicles
- Cash
- Retirement plans like an IRA or 401-k
- Life insurance death benefits
Do I still need a will if I have a living trust?
You may still need a will to capture any assets that may not have been transferred to the trust during your life. A “Pour-Over Will” will transfer assets to your trust. Once you establish a living trust, you must take steps to transfer all of your assets into the trust. Assets that are not in your trust, that do not have beneficiary designations or are not jointly titled with another individual, may still be subject to probate. You should discuss the transfer of tax-deferred assets, such as an IRA, 401-k, or pension plan, with an estate planning attorney or your tax accountant.
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Elder Law Services was very personable and professional! We recommend them to anyone who is in need of Elder Law representation.
Elder Law Services was extremely informative, detailed, and professional in the completion of our Trust.