Is Estate Planning Expensive?
No. Estate planning is not nearly as expensive as failing to plan for your estate. Guardianship can cost 10% or more of your total assets. Litigation can easily cost thousands of dollars. In comparison, professional estate planning is a good bargain. Example: Lacy owned a small home worth $75,000 in western North Carolina. She was proud of her home and hoped to someday leave the home to her son, Ralph. Lacy was seventy years old when she first started forgetting things on a regular basis. Over time, Lacy became withdrawn and rarely left her home. Ralph lived far off in Raleigh, so he wasn’t able to visit very often. Lacy began making frequent purchases of jewelry and kitchen appliances that she saw on television. Too often, she would forget about the stove and burn up her pots and pans. Lacy sometimes tried working in her garden, but often became confused about where she was. One night, Lacy wandered outside and fell on her back steps. She was unresponsive when a neighbor saw her the n
