Will 411 – Will Basics

 A “will” is a document you create to control who gets your property, who will be the guardian of your children, and who will manage your estate upon your death.
 
The importance of a “will” cannot be overstated. More than likely a “will” is perhaps the most important legal document the average person will ever sign. However, over 70% of American adults do not have a “will”. Not enough time, can’t afford an attorney, too busy to think about it - - are all common reasons why people do not prepare “wills”. We can help you eliminate these reasons – just call 520.745.6488 Ext 159 to set-up an appointment to discuss “wills” and have your questions answered in simple English. Also, affordable resources are available to DECU members to generate a legally binding “will”.
 
Avoid Probate With Living Trusts
 
Living Trusts allow you to control who gets your assets after you die. However, there are money more reasons for creating a living trust. For instance, a living trust can help your beneficiaries avoid the expense and delay of probate. Probate can last as long as three years and can take up to 10% of your estate’s value. A living trust can also provide you with more privacy than a “will” because you don’t have to register it with the courts in probate. Living trusts can help certain estate taxes if prepared properly (consult tax advisor). Finally, a living trust allows you to had over management of your assets to someone else if you are unable to manage your assets yourself. Call 520.745.6488 Ext 159 to set-up an appointment to discuss living trusts and how your family can avoid probate.
 
DECU members have estate planning resources available at affordable rates for the following:
 
Wills, Trusts, Power of Attorney, Beneficiary Deed, Living Wills, Probate, Estate Settlement, and Limited Liability Company.
 
Call 520.745.6488 Ext 159 today to set-up an appointment and obtain additional information.
 
 
 
 
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