The General perception of the word ESTATE creates ideas about rolling green countryside, sprawling mansions, and established families with more money than Donald Trump.These images of weatlhy families from Jane Austen novels have absolutely nothing to do with the actual truth about most families estates nor the importance of proper estate planning in the life of most people today. Take a few minutes on our web site to understand what your estate actually consists of and why estate planning is the type of necessity that should not be ignored.
What is an Estate?
Your estate includes all of the the property that you own or any part of property whether tangible or intangible, in which you might have an investment in. Your estate also includes but is not limited to; direct financial assests, stocks, mutual funds, insurance, benefits from retirement, IRA's, and bank accounts.
What is Estate Planning?
The primary focus of estate planning involves deciding what you want done with your estate when you pass away. Depending upon the size of your estate and circumstances specific to your family or heirs, we can employ many different tools into your estate plan to ensure that your wishes are met. Burns Estate Planning, L.L.C. specializes in tailoring your estate plan package to fit your specific situation. Simply stated, estate planning is you making the decisions about your investments and keeping the courts out of your personal family affairs.
No one has a crystal ball to tell them the exact time or manner of their passing. Through this would be the ideal situation, the truth is that you have worked your whole life to create the estate you currently possess and one day, usually without notice, you must leave it all behind. Estate planning ensures that your hard work and assets that you have accumulated over the years are not left for lawyers and heirs to decide how to divide up what you currently own. Proper estate planning gives you power from the grave to control everything that you have worked your whole life to create.