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Settling an Estate

There was an article today about settling an estate. It said it could take up to nine hunded hours. Here is the thing, if you have a trust and if you use the right person not only will it cost much less but also take less time.When I became a paralegal, I was trained very quickly in trust administration or settling an estate. Anyone who has a Will should obtain a living trust. It comes with important documents, at least that is what we do, that you can use now such as a Durable Power of Attorney which is for money. This can be used by your husband or partner if, for example, you injure your hand and can no longer write checks or do banking online. It also has an Advanced Health Care Directive which comes in handy if you are suddenly sick or in an accident. Your family will know exactly what to do and what your wishes are if you are unconscious. The Will can be useful if you pass and forget to put a smal property or amount of money in your trust. Most states, except for California, have a very low probate rate. For ecample if you had thirty thousand dollars or thirty-one thousand Euros, other than Caifornia you would be forced to go to probate. Rates vary from state to state but it is not money you wish to give up for taxes for your heirs. We also give a document entitled Schedule A. It lists your properties and it is handy if you need assistance with a Will for your attorney to file a motion to avoid probate. If you put your home in your trust and then take it out to refinance always remember to put it back. If you forget, there is a specific motion along with a few of your documents that an attorney can file to put it back in your trust. It is much less expensive than probate and does not take too much time. If you ever want my free sheet on why you need a trust please feel free tgo email me at maecharles2008@gmail.com. That is one of the reasons I wrote “Misplaced Trust.” A reader told me they were so glad that the read the book because it gave then insight on a trust, what they needed and what they should do. “Misplaced Trust” is easily downloadable from www.misplacedtrustbook.com. It will be coming soon in hardcover to a bookshop near you within thirty days. Also please check out my Good Gus series for young children. It is an enjoyable series with a hero, happy ending and an underlying positive message. The Good Gus Series is available online at Kindle, Nook and Waterstones. Hard copies, personally autographed, are available through our website www.goodgusbooks.com along with past blogs for your reading enjoyment. Now available audio and videos for the Good Gus series on YouTube! Digitizing for all the books are available now on YouTube! “Misplaced Trust” is now available on Amazon in e-book form. It is also available digitally at www.misplacedtrustbook.com. If you are thinking of a Will or a Living Trust, “Misplaced Trust” with a five star rating on Amazon will give you the information you need to make an informed decision.