Estate Planning Myth #1: I’m not rich so I don’t need estate planning.

by John Lawrence Gorman on Jan. 03, 2018

Estate Estate Planning Estate  Trusts Estate  Wills & Probate 

Summary: Almost Everyone needs estate planning.

Estate Planning Myth #1: I’m not rich so I don’t need estate planning.
Fact: Estate planning is not just for the wealthy, and provides many benefits regardless of your income or assets. For example, a good estate plan includes provisions for caring for a minor or disabled child, caring for a surviving spouse, caring for pets, transferring ownership of property or business interests according to your wishes, tax savings, and probate avoidance.
John L. Gorman III has been creating estate plans, writing wills and trusts, administering trusts and handling probate matters for over 28 years. Call him at (209) 548-4000.

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