Ignoring estate planning is like trying to build a house from the roof down. Without this foundation in place, everything collapses; people lose money in the form of probate, state estate taxes, and federal estate taxes.
Orem, UT (PRWEB) February 18, 2014
LegaLees announces a new article by Attorney Lee R. Phillips entitled, “Wills and Estate Plans have Unexpected Benefits.” Having estate plans brings not only asset protection and peace of mind, but also brings some unexpected benefits. In the article, Attorney Phillips discusses three of those benefits and why they are important. Many Americans spend all their time and energy building an estate and have not taken the time for estate planning, or even if they have, they may put an incomplete plan in place by missing some basic considerations.
In the article Lee Phillips outlines the basic benefits of wills and estate plans. He observes, “Ignoring estate planning is like trying to build a house from the roof down. Without this foundation in place, everything collapses; people lose money in the form of probate, state estate taxes, and federal estate taxes. All this could be avoided.”
LegaLees has developed the self-implementation course Accumulation and Preservation of Wealth to address everything folks need to take care of their advanced planning and put an effective estate plan in place. It is full of practical legal tools and line-by-line instructions on how to use them.
Mr. Phillips serves as a counselor to the Supreme Court of the United States. He is the author of 11 books, including his latest, Protecting Your Financial Future. He has written hundreds of articles for professionals, assisting them in finding various strategies to use the law to protect their property, save taxes and make additional money. Through his writing and addresses at thousands of business seminars, he enjoys helping people apply the law to provide asset protection and estate planning, and also how to use it to structure businesses and save taxes, helping individuals achieve success.
LegaLees was founded in 1982 by Lee R. Phillips. It is a legal self-help publishing company. It produces products designed to help people understand the law. Mr. Phillips realized through his own personal experience that people needed to be able to understand how the law works so they can direct the legal professionals they work with. He also saw that people who want to do their own legal work need to be shown how, rather than simply handed a fill-in-the blank form. LegaLees has designed many products to help individuals structure their personal and business affairs. All of the products help the clients protect assets and prevent the legal disasters that can strike at any time.