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Frequently Asked Questions
Why is the estate planning process so costly?
Good question. Let’s start off by saying that by taking the
time to properly plan, you are making a wise investment in your
family and yourself. Typically, if an individual dies without a trust
in place, a probate proceeding is initiated and administered through
your local probate court. The purpose of a properly drafted, funded,
and executed estate plan is to avoid the probate process. Thus, through
much discussion, analyzing, and planning, the proper legal documents
are prepared to fit your particular needs. As mentioned above, if
an individual owns property in more than one state the typical probate
costs can double. By funding your trust with your personal and real
property, you may avoid the probate process. However, if you fail
to update your trust by failing to place later acquired property
into the trust, you may still face the probate process. By working
collaboratively with your financial, spiritual, and legal advisors,
you should be able to determine what the best approach is for you
and your family. In conclusion, although the cost of preparing an
estate plan is costly, the goal of the planning process is spare
your surviving family members the excessive costs in time and money
to administer your estate. You control the decision making process
during your lifetime and beyond by planning ahead.
How do I start the process?
Very simply. Start off by contacting Crossin
Law Offices, and we will provide you with the client intake form.
Next, print the financial summary sheet found under the Net
Worth page. We will arrange a convenient time and location
to meet and discuss your needs. Ms. Crossin is very willing to meet
with the client in the setting that is most comfortable to the client.
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