Estate planning is not just important for the wealthy or the elderly, and believing it is could cause considerable financial and emotional hardship to your family. By investing the time today to plan your estate, you may save your loved ones months if not years of agony and alleviate thousands of dollars in unnecessary costs.
This legal document holds title or ownership to your real property and assets, it allows you to plan the distribution of your assets during your lifetime and after your death. In many respects it is similar to a Will, however, unlike a Will a properly funded Trust can also be used to manage your assets during your lifetime, and for many generations there after.
Let the Law Office of Georg C. LaBonte provide you with the tools necessary to protect your home, assets, and most importantly your family, from the uncertainties of life. Our office can provide you with various levels protection for yourself and your loved ones. Our Services include a variety of trusts that can protect your home and assets from creditors and Medicaid, and ensure you are able to pass on your life's work to your children.
Probate is a necessary process of distributing your loved one's property after death. The probate process involves identifying and gathering the deceased’s probate property, paying all debts, taxes, and expenses, and then distributing any remaining assets according to their will. When a person dies without a will, the property is distributed according to state intestacy law.