Mapping Out Your Future With An Estate Plan

We often meet with people who know they should set up a plan, but aren’t sure what they need.

They want to make sure their wishes are known in case of illness or death, and that their heirs won’t have to endure the lengthy and costly process of probate. Another big concern is long-term care: how to cover the costs while protecting assets.

Is there a roadmap they can use to get an estate plan done?

On this Life Happens Radio show, we address these issues. Aaron Connor, Managing Partner of Pierro, Connor & Strauss, and Kristen Peck, Associate Attorney, will discuss how to map out an estate plan. While one size does not fit all, they’ll give you ideas to head in the right direction, including:

The Core Documents

• Wills versus Trusts
• Medicaid Asset Protection Trusts
• Funding your trust with real property, business interests (including rentals)

Plus: what happens when you don’t fund your Trust.