Will vs Trust: How are They Different?

Estate planning can be confusing. How do you know whether you need a will vs a trust? You have been hearing it for most of your adult life, at least since you first bought a house or had children: You need to have a will in place. What if you found out that there is an even better way to transfer your property to your heirs? Basically you have two choices: a will vs a trust.

By |2020-06-13T11:58:20-07:00June 13th, 2020|Estate Planning|0 Comments

A Do-it-Yourself Living Trust is Easier Than You Think

Many wealthy people hire estate planning lawyers to set up living trusts for them; these trusts allow the estate to avoid probate and the taxes that go along with it. Placing your assets in a trust, avoiding probate, and sidestepping estate taxes are not just strategies for multimillionaires and their expensive estate planning lawyers. All you need to get your do-it-yourself living trust started is a registered legal document assistant and a healthy fear of probate and all its unnecessary expenses.

By |2020-06-02T17:34:50-07:00June 2nd, 2020|Estate Planning|0 Comments

Free Five-Step Estate Planning Checklist

Estate planning is imperative for anyone looking to ensure the well-being of their family members after their death. In fact, we always recommend that our clients create an estate plan. Therefore, in order to help out with this daunting process, we've created a free checklist for your reference. Read on to learn how to use it!

By |2020-04-28T12:00:31-07:00April 27th, 2020|Estate Planning|0 Comments

Benefits of Restating a Trust

If you have thought at all about estate planning, congratulations! You have already saved your family lots of hassle and expense. If you have set up a living trust, even better; you are very well prepared. However, even the best-laid plans sometimes change. When this happens, you might find yourself in the position of restating a trust. 

By |2019-09-02T09:55:12-07:00August 12th, 2019|Estate Planning|0 Comments

Inexpensive Estate Planning Options

When most people think of estate planning, they assume it will be costly. After all, we are talking about your life's possessions here! However, inexpensive estate planning options will enable you to meet your goals without breaking the bank. While estate planning does not have to be expensive, you should do it correctly. A People's Choice can help with document preparation and other types of estate planning logistics. We don't cost nearly as much as an attorney, and our clients often save thousands of dollars.

By |2020-01-02T10:28:29-08:00July 21st, 2019|Estate Planning|0 Comments

Estate Planning That Doesn’t Break the Bank

No one wants to pay for estate planning. Putting together your estate plan can be expensive, and odds are no one will see the benefits of that pricey estate plan for years. Using an attorney, a person can expect to pay between $1,500 and $3,000 for a basic estate plan package. For more complicated estates, putting together your estate planning can cost over $4,000. While estate planning can be expensive, there are ways to minimize the cost such as using a legal document preparer.

By |2019-05-12T08:05:39-07:00March 17th, 2019|Estate Planning|0 Comments