At Slowik Estate Planning, we recognize that planning for the future is essential to ensuring that your assets and loved ones are well-protected. Our Wills and Trusts services offer comprehensive solutions to help you create a solid foundation for your estate planning needs.
When it comes to securing your legacy and making sure your wishes are honored, wills and trusts are powerful tools. Whether you want to provide for your family, protect your assets, or ensure a smooth transfer of your estate, our team at Slowik Estate Planning is here to guide you through every step of the process.
How we work with you
01
Initial Consultation
02
Tailored Recommendations
03
Drafting Documents
04
Review and Finalization
05
Implementation and Storage
What can I achieve with wills and trusts?
A WILL is a legal
document that directs how a person’s assets should be distributed after they pass away.
The will is your final “to-do” list for your stuff. It’s your chance to play puppet master from beyond the grave, directing who gets your prized collection of novelty mugs and that questionable artwork you bought at a garage sale.
A TRUST is a legal
arrangement that can be used to manage assets during a person’s lifetime and after their death. Unlike wills, a trust can help minimize the need for probate court and offers greater flexibility in distributing assets.
Trusts can help you manage your assets while you’re still kicking and long after you’ve shuffled off stage. They can be like a personal assistant for your money that works overtime, even when you’re taking the ultimate nap. Whether you want to avoid family feuds or just make sure your cat inherits your fortune, these legal tools have got you covered.
Whether you want to avoid family feuds or just make sure your cat inherits your fortune, these legal tools have got you covered.
Will Based Program
Benefits
- Wills provide clear instructions for the distribution of your assets and the care of your dependents.
- Appoint guardians for minor children, ensuring they are cared for by people you trust.
- Wills are generally more affordable and straightforward to create compared to trusts.
- While wills do go through probate, we help ensure the process is as smooth and efficient as possible.
- You can appoint a trusted person to execute your will, managing your estate according to your
Last Will and Testament
Health Care Directives
Power of Attorney
Estate Planning Binder
Digital Backup
Trust Program
Benefits
- Increase wealth through transfer timing and tax minimization
- Avoid probate court costs and delays
- Decide what should happen in a medical emergency
- Decide who will handle your affairs in the event of incapacity
- Specify your final arrangements
- Leave specific gifts
- Determine how your assets will be distributed
- Add conditions to asset distributions
- Exclude individuals from receiving your property
- Note any special requests
Revocable Living Trust
Health Care Directives
Certificate of Trust
Asset Inventory
Digital Backup
Pour Over Will
Power of Attorney
Funding Instructions
Estate Planning Binder
Frequently Asked Questions
Why do I need a will?
A will ensures that your assets are distributed according to your wishes, appoints guardians for minor children, and helps prevent disputes among heirs.
I'm busy. Will this take a lot of time?
Estate planning is more efficient and affordable than many people expect. We streamline the process to create your essential documents promptly and cost-effectively. By investing a modest amount of time and resources now, you can save your family from future headaches and empty wallets. Your foresight in planning ahead will make you a hero to your loved ones.
Lawyers are expensive. Is this going to cost a lot?
I’m not into surprise parties or surprise bills. With our estate planning programs, you’ll know exactly what you’re paying before we start plotting. AND…you’re getting a yearly review meeting, absolutely free! It’s like an annual check-up for your estate plan, minus the cold stethoscope and awkward paper gown. Every dollar you spend now will be returned in multiples to you and your loved ones as we set up a wealth-securing estate plan.
What’s the difference between a will and a trust?
A will is a legal document that outlines your wishes for your estate after death, while a trust can manage your assets during your lifetime and distribute them after death, often avoiding probate.
How does a trust avoid probate?
A trust holds legal title to your assets, so when you pass away, those assets are transferred directly to your beneficiaries without going through the probate process.
