The first thing we should mention is that if you’ve not gotten this done in the past, or you’ve waited too long to update your old plan, it’s not your fault. There’s a lot of information out there and it can be confusing. Many times that information-overload keeps you from getting this done. It’s okay.
We can put your fears to rest – that you can do this. You just need the right place to explain it for you.
The probate system and big law firm attorneys want you to think that you need to be uber wealthy to actually be able to protect your family. We’re here to tell you they’re wrong. They have their own reasons for wanting you to think that, but it’s not true.
They don’t benefit from you getting a plan together that actually protects your family. They want to keep you wondering, keep you confused, and keep you needing their services when an emergency strikes and your family is thrown into court fighting over everything. The difference with us is that we care about protecting your family and truly want to see you living the life of your dreams.
So that’s what we’re here for. We know you have a dream to protect your family from the worst things out there and to make a lasting impact on them and on the people you love, and we want to show you how to do that.
It begins with looking at wills & trusts from a different perspective, instead of how the probate system and traditional big-law wants you to see them (as complex, sophisticated strategies only accessible to the uber wealthy and too complicated for you to understand).
These are lies that have been carried on too far and for too long.
Creating the right plan is really hard and super complex. No, actually, it’s quite simple to create a plan. Whether you need a will, a trust, power of attorneys, complex asset protection, a business succession plan, or to update your old trust, creating your plan really is quite simple. Any competent estate planning attorney can do it. Don’t let them tell you it’s too confusing to explain or that you should take their advice blindly before you understand it.
For a firm that does these plans regularly (meaning more than 50 per year) and limits their practice (so they aren’t doing bankruptcy, divorce, criminal defense AND trusts) , it should be easy for them to create yours and simple for them to explain it to you. Their pricing should be transparent and based on flat fees. If they are charging you hourly, it’s probably because they aren’t experienced enough or because they aren’t willing to be efficient in their work and can only support their family by “billing hours”.
Do it perfect the first time so it fits for all time. Wrong! This may have been true when wills were typed out on 6-layer carbon paper or written by hand, but big law and the probate system haven’t given up on this, even though we now have drafting software and computers to simplify the process. This lie hurts you and your family. What you think will fit in 5, 10 or 20 years from now, won’t fit, not because there’s anything wrong with the way you’re thinking about it but because no one has a crystal ball. The laws will be different, your family will be different, and in all reality that plan from 5, 10, or 20 years ago won’t match your real life by the time you get there.
The industry has promoted this BIG LIE for decades that “wills should be a one-and-done project” which requires a heavy burden on you to get it done perfectly “right” the first time in a way that will match ALL TIME. They lie to you that you need to GET PERFECTLY ORGANIZED; they lie to you that you must learn complex tax strategies (from people who aren’t willing to make the explanations understandable go figure); they lie that you must make decisions for your family that will fit in 5, 10, and 20 years from now; they lie that you’re going to have to COMPLETELY CHANGE how you run your financial life; and a whole bunch of other lies that make it feel like this is TOO MUCH TROUBLE to be worth it.
What you should do is write your plan in a way that FITS TODAY and then update it as time goes by. Get a simple plan put together and then make it easy to keep it updated as time goes by. This way you have a plan that actually matches TODAY, and then matches your life tomorrow, next year and 5, 10, or 20 years from now; all without having to go through the mental torture of trying to GUESS what you’d want in 5, 10, or 20 years from now.
You should update your plan every 3 years. Hmmm. We should be suspicious anytime someone gives us a “rule” that isn’t backed by some logic. What happens every 3 years that requires an update? I’ve heard of this recommendation maybe hundreds of times, but I’ve never heard anyone explain where the “3 years” came from.
It seems that the industry has latched onto this number as a COMFORTABLE number more so because it is easy for people to believe rather than because it makes any logical sense. It would be like saying, “How often do you need to see a doctor?” with an answer of “Every 3 years”. Nothing more; never anytime outside of the 3 year checkup. Huh?? That doesn’t make sense! What if you are sick? What if you have an emergency? Should you wait until your next 3 year checkup? No, of course not.
The truth that is maybe not very convenient but is the best answer for families who care, is that you need to update your plan anytime something changes among your 1) family, 2) assets, and 3) the law. Anytime. Everytime. Whenever something changes in those three things, you need to ask if your plan needs to be updated. “What a pain!,” you say? Yes, it could be if you tried to do this completely on your own without any help. It would be a pain. It was a pain for us to figure out how to help families do this, but now it’s easy. And it’s very simple for you through our TrustCare service, which has done this for hundreds of families and protected over $700,000,000 dollars from the probate system and big law.
Should You Keep Believing The Lies?
It’s a natural fear to talk about our own death. But if you care enough about your family, you’ll throw away every excuse that’s kept you from getting it done, and you’ll get it done.
If you’re ready to get started, click here.