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Maximize Your Estate Plan with Proper Funding!

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Maximize Your Estate Plan with Proper Funding!

April 26, 2024
Geoff Hoatson

 

Maximize Your Estate Plan with Proper Funding!

While trust are the stars of the state planning, funding is the behind-the-scenes hero. Funding refers to the process of changing the ownership or beneficiaries of your assets. And it's vital because it affects how your state plan is carried out. Funding your estate plan is a powerhouse for three critical reasons. First, it avoids probate, which can be time consuming and costly. Second, it provides asset protection, ensuring that your assets are shielded from risks. And finally, it guarantees your wishes and goals are carried out precisely as you intended. Most attorneys don't offer this service for the simple reason that funding is time consuming and tedious. It's paramount to choose a law firm that includes funding as part of their service because it's too important to leave to chance. At the Family First Firm, you're not just creating a plan, you're ensuring that a plan is executed properly. If you want your trust to work when you need it to, call us at the Family First Firm today.

Copyright © 2024. Family First Firm - Medicaid & Elder Law Attorneys. All rights reserved.
The information in this blog post (“post”) is provided for general informational purposes only and may not reflect the current law in your jurisdiction. No information in this post should be construed as legal advice from the individual author or the law firm, nor is it intended to be a substitute for legal counsel on any subject matter. No reader of this post should act or refrain from acting based on any information included in or accessible through this post without seeking the appropriate legal or other professional advice on the particular facts and circumstances at issue from a lawyer licensed in the recipient’s state, country, or other appropriate licensing jurisdiction.
Family First Firm – Medicaid & Elder Law Attorneys
(407) 574-8125
https://familyfirstfirm.com
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