10 FAQs About Estate Planning

If you take the right approach, creating an estate plan does not have to be stressful and full of tension. Instead, there are steps you can take to complete the process in a timely manner.

It is only natural to have questions about estate planning services and related details. While some people ignore these internal questions, others embrace them. Estate planning is important to your finances now, as well as in the future. You never want to ignore a question.

Here are 10 frequently asked questions regarding estate planning:

1. Who needs estate planning?
2. At what age does it make sense to create an estate plan?
3. What is probate?
4. What steps can you take today to save your family money when you pass on?
5. What is the difference between a will and trust?
6. Is a trust something that only wealthy individuals can use?
7. What are the finer details of a living trust?
8. What are some of the most common estate planning mistakes?
9. How long does it take to create a comprehensive estate plan?
10. How often should you review your estate plan?

Some people have a solid grasp of estate planning, but others are not nearly as informed. It doesn’t matter where you stand right now in terms of your knowledge. What matters is that you create an estate plan you are comfortable with. This often times means answering a variety of questions regarding your current situation, family life, and goals for the future.

Do you need somebody who can help you answer the questions above, as well as many others? Are you concerned that your estate plan needs to be adjusted? If you find yourself in need of professional help, we are here to provide you with all the assistance you need. With our help, you will never again have to worry about a question going unanswered.

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Stephanie Thompson, Estate Planning Attorney of Krueger Hernandez & Thompson SC

As the owner of Krueger Hernandez & Thompson SC, it is Stephanie’s mission to address each client’s goals for their estate plan. By identifying their wishes and concerns she can educate, guide, and counsel on the different tools and options that will effectively and efficiently accomplish those goals.

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