A Primary Estate Plan is ideal for persons with young children. It provides a complete estate planning solution to manage property for children, appoint a trustee, appoint a guardian, and direct the distribution of assets.
A Primary Estate Plan is based on probate as the method for post-death distribution of property. Therefore, a last will and testament ("LWT") is used to create instructions for delivering property to heirs. A LWT must always be admitted to probate before it can be used. Likewise, a personal representative must be appointed by the probate court to carry out the instructions in the LWT.
A Primary Estate Plan provides numerous benefits even though probate is required:
A Primary Estate Plan includes all of the following items. Click on each one to learn more.
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