Secure Your Future with Secret Estate Planning Strategy
Financial Benefits and Cost Considerations
Creating an estate plan, particularly one that includes an irrevocable trust, can seem daunting due to perceived costs. However, the financial benefits often outweigh the initial investment. According to the National Association of Estate Planners & Councils, the cost of setting up an estate plan can range from $1,000 to $3,000, depending on complexity2. This upfront cost can lead to significant savings in estate taxes and legal fees in the long run. Moreover, the peace of mind knowing your assets are protected and will be distributed according to your wishes is invaluable.