three reasons to seriously consider organizing an estate plan
DESCRIPTION
This is why all the estates belonging to a deceased loved one is given to the direct family and close relatives they left behind. However, even this can be messy and disorganized, and it is usually the ground for family disputes about who should get what. - http://cbelaw.com/ - PowerPoint PPT PresentationTRANSCRIPT
WHAT IS ESTATE ?
a simpler term is known as property that is owned by an individual and is under that individual’s name.
Three Reasons to Seriously Consider Organizing an estate plan.
To make sure the right person takes over any managing affairs.
Three Reasons to Seriously Consider Organizing an estate plan.
To make sure the right person takes over any managing affairs.
Applies to individuals who become physically/mentally incapacitated and are unable to do normal actions like talk or even think for himself/herself.
Three Reasons to Seriously Consider Organizing an estate plan.
To avoid probate.This is the process where the court supervises and authenticates the deceased’s Last Will and Testament, if s/he has one.
Three Reasons to Seriously Consider Organizing an estate plan.
To Protect loved onesA proper and sound estate plan can help ensure that loved ones are protected and well-supported.