FAQ
Have any questions ?
At Dream Catcher Insurance Agency, we want to make trust and estate planning as clear and straightforward as possible. Below, we’ve answered some of the most common questions to help you better understand the process and its benefits.
General questions ?
Trust and estate planning involves creating legal documents and strategies to manage your assets during your lifetime and distribute them after your passing. It ensures your wishes are honored, your loved ones are protected, and your assets are preserved.
Without a plan, your assets may go through probate, a lengthy and public legal process that can delay access to funds and create unnecessary expenses. A well-crafted plan minimizes taxes, avoids probate, and ensures your loved ones are cared for according to your wishes.
A will is an essential part of estate planning, but it doesn’t avoid probate. A trust offers additional benefits like privacy, faster asset distribution, and the ability to set conditions for how your assets are managed and distributed.
No! Trust and estate planning is beneficial for anyone with assets, regardless of size. It helps protect your family, provide for dependents, and ensure your wishes are carried out.
If you pass away without an estate plan, your assets will be distributed according to your state’s intestacy laws, which may not align with your wishes. This process can be time-consuming, costly, and emotionally challenging for your family.