The core of every estate plan is a revocable trust. A trust transfers your wealth on death, avoiding probate, protecting privacy, and providing tax planning and asset protection planning ability for your heirs, including a surviving spouse or partner. A De Fonte Law PC revocable trust provides enticements and tools to encourage your heirs to become money savvy, as well as providing “control from the grave” to avoid having your assets squandered after your death.
Your estate plan will also include advance health care directives, durable powers of attorney, a substantive guardianship nomination form, and other ancillary documents. This will effectuate the transfer of your real estate from your pets to your pots and pans.