Why We Are No Longer Recommending Will-Based Estate Plans
3. Greater Control Over Distributions Wills provide limited control over how and when assets are distributed. Typically, once probate is complete, assets are distributed in a lump sum. This is problematic for your beneficiaries, especially if they were to get divorced. With a trust, you can specify detailed terms. This can include staggered distributions, and even creating provisions to protect beneficiaries from poor financial decisions. 4. Flexibility and Customization Trusts are tailored to meet your unique needs and goals. Whether you have a blended family, special needs beneficiaries, or charitable intentions, a trust is customized to accommodate your specific situation. Personalization ensures your estate plan aligns perfectly with your wishes. Why This Change Is Right for You Our priority is to provide you with a secure, effective estate plan that protects your legacy. By transitioning to trust-based plans, we are focusing on comprehensive protection, avoiding probate, and peace of mind.
To ensure your assets and loved ones are fully protected, we are making an important shift in our approach. We are moving away from will-based estate plans (our “Big 3”) and introducing our new “Foundational Four” package, which includes a trust. Here’s why this transition is essential for your estate planning needs: 1. Avoiding Probate The biggest drawback of will-based estate plans is that they don’t avoid probate. Probate is a lengthy, costly, and public process; it must be avoided, and you can’t avoid it with a will-based plan. A trust bypasses probate entirely, ensuring a faster, more cost-effective, and private distribution of your assets. 2. Enhanced Asset Protection Trusts offer protection for your beneficiaries that Wills simply can’t match. Trusts can be shielded from divorce, creditors, and the potential loss of government benefits. Otherwise, assets are distributed outright to beneficiaries, leaving them vulnerable to these risks. We want your beneficiaries to retain the full benefit of their inheritance.
If you have questions about trust-based estate planning or how it can benefit you, please reach out. Our new Foundational Fourt Report will be available soon, with more detailed information. If you’d like a free copy, please email us at Info@montefortelaw.com. If you have a “Big 3” and
nothing more, it is imperative that you contact us.
Best regards,
–Mike Monteforte Jr.
Perfect Peach Cobbler
INGREDIENTS
• 6 cups sliced fresh peaches • 1/2 cup granulated sugar • 2 tbsp all-purpose flour • 1/4 tsp ground cinnamon • 1/4 tsp ground nutmeg • 2 cups all-purpose flour
• 1/3 cup packed brown sugar • 2 tsp baking powder • 1/2 tsp salt • 1/2 cup cold butter, cut into pieces • 1/2 cup milk • 2 tbsp butter, melted
DIRECTIONS 1. Preheat oven to 375 F and grease an 8-inch square baking dish. 2. In a large bowl, combine peaches, sugar, 2 tbsp flour, cinnamon, and nutmeg; mix until blended, then spoon into prepared dish. 3. In a medium bowl, combine 2 cups flour, brown sugar, baking powder, and salt. 4. Cut in butter with forks or pastry knife until mixture resembles coarse crumbs. 5. Add milk and stir until just blended. 6. Drop dough by spoonfuls onto peach mixture and drizzle melted butter on top. 7. Bake for 40–45 minutes or until top is golden brown.
Nancy is pictured with our legal assistant Brianna!
“Exceptional customer service. Nicole Rego and her team went above and beyond! Thank you! Monteforte Law is most definitely a place I would recommend!” Nancy R.
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