Is It A Mistake To Set Up A Revocable Living Trust?

The old saying tells us that we can’t take it with us. It is true. The question is what we do with it then. People often start their life just trying to make ends meet. As time goes on, they begin to acquire a certain amount of wealth. If they are lucky and smart, they provide for themselves and for the people that are dependent on them while at the same time accumulating property and even more wealth. When they die, this represents their estate. Estate planning is the process that determines what happens to all of this after death.

There are often free community events and classes held at different locations. For example, the State Library often has cooking demonstrations, and Kapolei library will host a seminar about Social Security and Hawaii Kai library has an wills and trusts expert coming later this month. You can see a complete calendar of events at the HSPLS main website. Most libraries even provide job application assistance, not to mention wireless and free internet use. Here’s a link to see the locations that offer wireless internet, you don’t even need to buy a cup of coffee to stay there like you do at other wi-fi spots.

Investment in real estate will always be in demand, no matter how bad or good the economy. Bargain hunters or hungry investors are always looking for a quick sale getting out of a bad property or trying to buy a bargain. There will always be scores of people looking at property investment, it has been like that in the past and will always be like that.

I can dream up many excuses people might have, such as: It’s not urgent; I can always do it later. I can’t afford to do it now. It is not in my budget. I hate to talk about death. I don’t know what I want to do. I’m too young. What if I get a divorce? I don’t have very much. What if I change my mind? I don’t have time to spend with an attorney. I don’t know anyone who does this work. Yada, yada, yada…

You should be constantly upgrading both your knowledge and your operations. Educate your employees, hire specialized staff, reorganize workflow, shift job responsibilities, attend training programs and workshops, add a layer of quality assurance: the list is endless. Minimum required CE credits are just that; go beyond the requirements. Network with related professionals to learn about their industries, so you can advise your clients. Just because you’re not an estate trusts and wills doesn’t mean you shouldn’t be able to communicate “How Trusts Work 101” to your clients. Clients remember when you know something they didn’t expect you to know, when a document is error-free, when a task is done sooner than expected.

Sign the Documents: Make an appointment with the attorney to sign the documents. This will usually be done in the attorney’s office as they can provide two witnesses for the will and a notary for the other documents.

A newspaper can also point you to great town homes for sale. All you have to do is search in the classified section because you will also be provided with loads of information.

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