By: Matt Luedke
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Pull Your Heads Out of the Dirt America!
When Rocket Lawyer recently surveyed why so many folks have procrastinated on creating their wills, here is what they reported:
57% said they “just haven’t gotten around to making one”
22% felt that making a will wasn’t urgent
17% didn’t think they needed to create a will
14% don’t even want to think about dying!
Whether you are married or single, are a parent or childless, a millionaire or middle-income, you still need a will to protect your assets!
A new Forbes report, aptly named “Americans’ Ostrich Approach To Estate Planning,” which recommends that if you have assets in the six figures or more, you should also have a trust to minimize your estate taxes as well as to avoid probate.
The very same article notes that trusts will almost always offer greater control over the manner in which your assets will be dispersed — for example only paying out your funds at a time when your child is of a more responsible age, or by limiting the usage of your assets for such purposes as educational goals.
Don’t hide your head in the sand like so many Americans are guilty of doing — speak to our qualified estate planning attorneys and ask them to help you prepare your will, create your family trust, and basically handle whatever else you might need based upon your particular circumstances.