Benefits for You

How Proper Estate Planning Can Benefit You (Hypotheticals)

The explanations in the scenarios herein should not be construed as legal advice or legal representation. The information is merely an attempt to give a summary explanation of various estate planning documents and procedures. Due to the rapidly changing law in this area, we cannot guarantee the accuracy or reliability of information in the scenarios herein although our office would be happy to assist you after assessing your particular situation.The following scenarios attempt to explain various hypothetical situations and the differences regarding how one’s estate gets passed with an estate plan and without an estate plan. Before reading further, it is recommended that you familiarize yourself with the various terms used in the “Information on Estate Planning” section of this website.

  1. Married Couple with Children 
  2. Benefits of a Trust During Your Lifetime (Incapacity) 
  3. Wealthy Individual (Problem Child)

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