Collaborative Estate Planning

Have you created a will or a trust? If not, you’re in at least popular company because over one-half of Americans have not yet created a will or a trust. Creating this estate plan is enormously important, because no matter the size, everyone has an estate. Continue reading about Collaborative Estate Planning.

Most of us have no plan for what happens to our assets, our pets, or even our children should we become incapacitated. Sometimes, health developments or other life transitions force us to pay attention to the risks inherent in failing to plan our estate. But for the large majority of us, there is no directive available to our beneficiaries.

If you are like most people, a deeper issue may be lurking in the recesses of your brain:

Even if I make a plan, will everyone I love really follow my directions and wishes?

That is an incredibly important question, and for most of us, the answer is no. While for most families, these skirmishes are settled out of court, they leave lasting scars. Your remarriage may have caused tension for your adult children and your spouse may be ostracized.

Collaborative Estate Planning: Making Sure Your Wishes Stick

Good news – there’s a way to involve everyone in a talk, so your family gets along and follows your wishes.

Crafting a Plan that Works

You can make a plan (let’s call it a Collaborative Estate Plan) to make sure your gifts are accepted without any problems. Here’s how professionals can help:

Money and Taxes Help:

Talk to someone who knows about money and taxes (like a money expert). They can explain how taxes might affect your gifts based on what’s happening in the world.

Legal Help for Your Plans:

Get a lawyer to help write down your wishes in a legal way. This makes sure that what you want is done the right way.

Emotional Support for Your Family:

Ask a person who understands feelings (like a feelings expert) to help your family through the emotions. This makes it easier for them to let go of old problems and work together.

By doing all this, you’re doing what we call Collaborative Estate Planning – making sure everyone is on the same page and things go the way you want.

Alternatively, you can incorporate an important and not commonly known tool, collaborative process, into any estate distribution disputes.

Call us today to learn more about collaborative process, and how it may change the way your legacy lives on.

Moshier Law - Phoenix Divorce, DCS and CPS, Custody, Estate Planning, Probate, and Adoption Lawyers