HOW CAN AN ESTATE PLAN PREVENT A GUARDIANSHIP PROCEEDING?

Video Transcription:

One of the main goals of estate planning is to prevent the need for a guardianship. One of the ways to do that is to set up a revocable living trust and to transfer your assets into that trust during your lifetime, while you have capacity. Because if at any given time during your lifetime, you lose your capacity, then at that point in time, your successor trustee named in your trust takes over, and there will never be a need for a guardian of the property because your successor trustee acts in that capacity for you. Have more questions? Then contact us today to schedule a free consultation! Doane & Doane – Top rated Tax & Estate Planning Attorneys