Do whatever you can to avoid probate. It is a nightmare for families. Imagine somebody who has worked hard their whole life and wanted to leave their kids and grandkids inheritance, but because of a lack of cheap planning they end up paying half of what they would’ve given to their posterity in the form of taxes to Uncle Sam. Then they’re only getting the inheritance a few years later. This is what happens to people who don’t plan what to do with their estates and their posterity.
Plan for disability too. Not only yours, but your kids. I don’t have disabled kids though. Right now you don’t. You need to plan for the possibility that something would happen to the kids or yourself and what steps you want to have taken to avoid delays and excessive expenses in resolving those issues. You’ve been warned.
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