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Posts Tagged ‘Estate Planning’

Createmywill.com online will forms presents; Reasons you Should have a Will

Wednesday, February 1st, 2012

We at Createmywill.com hear it all the time. The stories about people who put off the process of writing a last will and testament. Some think its too expensive while others think it takes too much time. We even heard stories about people assuming all of their worldly possessions will simply be transferred to their spouses and children like a relay race runner passing the baton to a a teammate. This one always baffles me as when has the law ever made anything simpler or more affordable…let alone the fact when one tries to create a will its largely for reasons of taxation?
But you do not need to have Bill Gates type money nor Stephen Hawking’s intellect to get started on writing your last will and testament. Writing a will is actually very easy to do and with streamlined services offered up by the fine folks at createmywill.com to download will forms online there is now an easy way to start on the process of creating your will while minimizing the pain commonly associated with the process thereof. Writing a will is important for a myriad of reasons of which we will take some time to discuss below.
Writing a will can ensure that your assets and property will be distributed out as you see fit.
If you are with a will do not assume that your assets and property will be be guaranteed to pass to your spouse and children! The law will first try to determine the exact amount of your estate and assets. Creating a living will is the only way to promise that your instructions will be followed through upon your death.
Writing a last will and testament can ensure that you can personally appoint and designate powers for an Executor of your estate. This process allows you to decide who will act as overseer to distribute your estate assets as part of your overall estate plan. Why is this important? How would you like it if a person with whom you never agreed with and disliked somehow managed to be the judge and jury of your estate?
If you want to have the final say on who will appoint a guardian for your minor children writing a last will and testament can make those wishes known . A Last Will and Testament serves as the legally binding documentation that clearly dictates with whom will care for your minor children in the event of untimely death. Certainly the least appealing of all reasons to create a will but by that same token arguably the most important.
Specifying your funeral wishes. Imagine that you always wanted our funeral to be a celebration of life as opposed to the solemn and traditional roman catholic variety. Imagine you wanted to be buried at sea or have your ashes sprinkled over your favorite hiking spot. No matter what nor how elaborate your final wishes, stating these wishes in your last will and testament form not only solidifies your funeral plans but also eases the burden of having your loved ones in their time of grief from having to make these decisions.
Reduce Legal Costs and Getting things done quickly. Having a last will and testament often means the transference of your property and assets faster and cheaper. A clear cut, easy to read, concise will reduces the possibilities that you may incur additional costs via legal fees thus giving a bigger portion of your assets to your benefactors.

CreateMyWill.com; nearing the Big 8!

Tuesday, January 24th, 2012

DIYInstitute.com has announced that its online estate planning service, Createmywill.com is reaching a milestone with the popular website nearing its 8 year anniversary in May. Through their unique online service, clients can download estate planning forms and attorney authored guides without having to pay the higher costs commonly associated with traditional methods of estate planning.

“The days of disposable cash are over,” said CreateMyWill.com creator and owner Jason Mcclain. “A few years ago paying for estate planning was something we considered the price of admission for having that service performed. Today, Americans are finding ways to cut expenses and do it yourself estate planning is another service that falls under that umbrella. We offer forms for all 50 US States, so someone can get California Last Will and Tesament forms quickly and easily.”

With the typical, average costs for estate planning attorney fees ranging from $2000 to $3000 the prospects of Createmywill.com and the practicality of Do-It-Yourself estate planning such as downloadable last will and testament forms and living trust forms have surged as the prospects of economical renewal stagnates.

“The deeper I delved into how to make the dream of every American being able to handle and manage their own estate planning needs; the more I realized how so much of the estate planning process can be streamlined and simplified free of legal speak and unnecessary jargon,” said McClain. “Providing this service for 8 years with continued growth is a testament towards the need for cost efficient means towards Estate Planning.”

The risk of having an outdated Estate Plan or no Estate Plan entirely could subject their heirs of an estate to extreme risk of financial loss due to laws regarding taxation. Utilizing Online Estate Planning Forms and Guides clearly and succinctly put forth a legal strategy maximizing the passage of assets and property onto heirs in a way specifically granted by the executor. Createmywill.com seeks to take a complicated matter, which many procrastinate over and never fully realize, and turn it into a simple downloadable form that makes starting the estate planning quick, easy, and cost efficient.

Getting Started; The hardest part of Estate Planning

Monday, January 9th, 2012

Estate planning is so important for a variety of reasons. Sometimes those reasons can be for one specific sole purpose and sometimes for a combination of reasons. At the end of the day whether the primary purpose of planning your estate is for financial security or simply limiting or trying to avoid taxes, estate planning does not always have to be an overtly complicated or timely procedure to procure. And while your goals for Estate planning may be different from those your neighbor just as two estates are not identical, there are some basic steps you can follow in terms of estate planning that are sound for anyone with any sized estate. Of course while all downloadable estate planning forms and last will and testament forms are the best way to proceed; Here is some information to better help you understand the estate planning process as well as some of the necessary steps that can streamline the process and make it more easily understood.

You cant decide how to divvy up what you have until you figure exactly what you’ve got. Draw up a ledger of all of your assets and possessions to get an idea of exactly what you will be working with in terms of your estate plan and get an accurate idea thereof. There are several websites you can get these downloadable estate planning forms Be detailed and keep an extensive and accurate list of all your financial accounts, any IRAs and Stock, as well as any property held by you or in which you have any percentage of interest.

Once you have a good idea of what you are dealing with in terms of assets, you must determine what are your priorities? What is of most importance to you? Consider this item the other side of the coin of the item above. Is the goal of your online estate plan forms simply to take care of your loved ones in a fair and equitable fashion or is your goal to minimize the heavy hand on Uncle Sam and avoid as much probate and taxation as possible? Determining and deciding on your end game goals will go a long way into how to proceed in a logical, sensible process.
Next we get to the part of estate planning and legal will forms that can get a bit sticky. Nothing brings out the worst in people like a battle over an estate or inheritance. The next step is deciding how all of the above will be divided up and delivered and how that process will be handled. While you son may be the best choice to handle your property assets the family heirlooms will probably be something best handled by your spouse or your sister. These type of decisions are yours and yours alone and some type of quiet reflection is certainly not a bad idea to clarify and determine this process.

Finally, Createawill.com! Where else can you go and in a matter of moments get all of the online legal forms needed to get started on your last will and estate plan?We created Createawill.com to provide an easy and affordable solution for everyone to receive all of the documents needed for their estate planning, including the Last Will and Testament Forms. We took the time to also create estate planning attorney authorized guides to help walk you through the process of filling out your Last Will and Testament.

Printable Last Will FormsCreating Your Last Will And Testament

We've taken the necessary steps to make it not only easy to create your last will and testament, but make it affordable, with great pricing that includes our attorney authorized estate planning guides that are printable. Creating your will has never been easier. A last will and testament as part of your complete estate plan (included) helps protects your family and your property from probate.

Avoiding probate will not only help to elevate a heavy burden on your family as it can take months to complete, but can also help save them thousands of dollars in taxes.

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