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Estate planning does not just involve actions to be undertaken when an individual passes away. This also applies to individuals who become physically/mentally incapacitated and are unable to do normal actions like talk or even think for himself/herself. Without a sound estate plan, the court decides who gets to take over the individual’s managing affairs like a business or company.
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Three Reasons to Seriously Consider Organizing an Estate Plan
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.
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 ones
Three Reasons to Seriously Consider Organizing an estate plan. To Protect loved ones A proper and sound estate plan can help ensure that loved ones are protected and well-supported.
This process is easier than most may think, just speak to a trusted lawyer or law firm and everything can be in place. www.cbelaw.com