So many people believe that estate plans are only for the rich or those who have complicated lives. They also believe that estate planning is expensive and while many estate planning attorneys and trust companies charge thousands of dollars for cookie cutter products an estate plan does not have to be costly or complicated. Quite often our clients just need a simple will and mandates (the Louisiana term for Power of Attorney). We can get this done for a fraction of what many others charge. But cost aside, we continue to preach about the need for even a basic estate plan. If you believe that your spouse automatically handles all of your affairs if you are incapacitated that would be incorrect. While your spouse can manage certain aspects of your care they can not buy, sell or refinance a home without your signature. If you do not have a proper mandate in place you could be faced with the reality of having to go through an interdiction process to have you declared by a judge unable to manage your affairs and have your spouse appointed. That process is neither pleasant or inexpensive. It will cost thousands of dollars to go through an interdiction proceeding when a proper mandate only costs a few hundred. In the guide we have put together we discuss the importance of an estate plan and why it is important you get something in place. Of course we would like to be the ones to help you get there, but at the end of the day we just want people educated and prepared. Life is the leading cause of death and not a one of us is getting out of here alive. So, get yourself access to the guide and let us help you prepare your affairs for your peace of mind and for your family's.
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