While not on anyone’s list of exciting activities, creating a Will and/or Trust is essential to good financial planning. If you wish for your assets to pass quickly upon your exit, then properly drafted documents are essential. An estate plan simplifies the transfer of many assets by avoiding the probate process. Assets that enter probate typically are not disbursed to beneficiaries until the earlier of one year after your demise, or eight months after notice is provided to those who may have a claim against your estate. Perhaps more concerning is the fact that probate records are public documents, so all information – such as the value of an asset and to whom it passed – will be viewable to the public. Both of these undesirable outcomes can be avoided through the use of trusts and other estate planning strategies.
Attorney Reed Swearingen drafts all estate planning documents on behalf of Archer Swearingen. Reed has over 16 years of business experience outside the practice of law, holds an advanced degree in accounting, and has passed the Uniform CPA Exam. This places him in a unique position to advise the firm’s estate planning clients. If you need to establish a Will or Trust, or simply wish to discuss your current documents, we invite you to schedule an appointment. You may do so through the link below or by calling our office at your convenience.
We look forward to working with you.