How can an estate plan distribute my property quickly?
Everyone’s estate is different and requires individual attention. Many people need to control, or even stagger, payments to their loved ones for various reasons. Some people want their beneficiaries to receive the property left to them as quickly as possible. The various factors in each individual’s life need to be considered when planning your estate. Estate planning can also minimize expenses by keeping the cost of transferring property to beneficiaries as low as possible. For example, choosing a competent executor for your estate and giving the executor the necessary authority to carry out your directives can save money and simplify the administration of your estate. IV. Would an estate plan help if I become mentally or physically incapacitated? Absolutely. Estate planning deals with more than just what happens when someone dies. It involves planning for our lifetime as well. During estate planning, most people should plan for possible mental or physical incapacity during their life
