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I started Affordable Legal Documents after years of frustration Trying to work with people who needed complete and competent estate and asset protection planning to protect themselves, their family, their assets and their businesses but they could not afford me and could not afford to work with them. Yet I new that they needed and deserved much of the same level of planning and documentation that only the affluent seemed to be able to afford. Hence, Our Mission and Our Values that drive it But, the real question is, “Why are you here - right now?” Be assured, it not by accident. “When the student is ready, the teacher will appear.” The universe is trying to tell you something important. Are you ready to hear it? There’s something you need to do – but you’ve been putting it off. Something very important – that you’ve been ignoring. You may not even know what it is yet. Maybe it’s just a feeling…a gnawing feeling that something has been left undone. Maybe you are having physical symptoms like a pit in your stomach or you’re constantly looking over your shoulder. People who attend my classes and seminars are shocked to find out how vulnerable they are. They leave with a deep sense of urgency to get things done immediately. They finally realize how exposed – naked - they are- and, now, are ready to do something about it. They say this like: “I knew I needed to do something, but I didn’t know what to do.” “Now that you have explained it so clearly, I see why it is so important for me to get this stuff done right away.” “I can’t believe no one ever told us this.” “I always thought you had to have a big estate to need a trust.” “Honey, maybe this Christmas we should get this done for our kids too.” “Estate planning is for old people.” “We just had our first baby. We need to do something today.” “This will make a great graduation present for the twins.” “I thought I couldn’t afford it. Now I can and can’t afford not to afford it.” “We just got married. It would have been nice to get these documents as a wedding gift.” “I really want to get this done before we leave on our cruise”. “Funny, but the money we could have saved would have paid for our vacation – instead of the attorney’s.” “I’m sure my parents have never done anything. It will be a huge problem when they die.” “When I went into the hospital, they asked for my Living Will and Health Care Power of Attorney.” Yada Yada Yada When will the light go on for you? → When will recognize that you are unknowingly and unnecessary taking big risks -- risks you can minimize with proper planning. So, maybe you came here to learn and find out what to do. Or, maybe you’ve had the big “ah hah” experience and are ready to take action. Whatever your motivation, welcome. Let’s make this quick. The first reason for this web site is to help you understand what to do / why you need to do it / and how to get it done. The other reason is to make it painlessly and affordable to get it all done – NOW.
EVERYONE over 18 needs these documents! EVERYONE! For example, once you turn 18 your parents can no longer make medical decisions for you. You certainly don’t want to become the next Teri Schaivo, do you? Believe me, it can happen to you. I see it all the time. People say, “It won’t happen to me.” And then it does and then it’s too late to prepare and then it’s too late to do anything about it. “The best time to plant a tree is twenty years ago. The next best time to plant a tree is today.” True Story! Just the other days, my daughter told about the recently married sister and brother-in-law of a nurse co-worker. The newly weds were in a motorcycle accident. She got off easy with a few cuts and broses. His prognosis, however, is very grim. He is in a coma with extensive brain damage. And guess what, they, like almost every new couple, did not have their “living” documents done. Who’s going to make the life and death decision for this young comatose husband? His new wife? NO! His parent? NO! A judge? YES? Hey, this is real stuff. NOTICE, I have not yet mentioned the benefits of the trust – just the living benefits. Everything you need to know to make your decision is right here. Everything you need to get it done is right here - right now. We are adding new information and updates to this web site almost daily. The Library is chocked full information on topics relating to estate planning, asset protection, income tax, and retirement. So, Congratulations! to you for getting started. And Thank you! for allowing Affordable Legal Documents to helping you put these vital documents in place. Do the right thing. Start with your Trust and Estate Documents Portfolio now – then we can deal with the broader issues of asset protection. Don’t allow yourself to procrastinate any longer. Do it now before it’s too late. Warm regards, Larry Mulcock, Founder Affordable Legal Documents LLC PS. “Never do rainy-day work on a rainy day. Do your rainy-day work on a sunny day so you don’t have to do rainy-day work on a rainy day.” PSS. The Trust and Estate Documents Portfolio is only the beginning of your asset protection journey. Let us guide to the asset protection strategy that will give you the maximum protection you need given you situation. Irrevocable Life Insurance Trust Revocable Trust 1 95% Family Limited Partnership 2 10% Limited Liability Company Land Trust 1. Primary Residence 2. Cabin Family Limited Partnership 1. Passive Assets 2. 90% Limited Liability Company Business Limited Liability Company 4 Children 1% each Family Limited Liability Company 1. General Partner FLP 2. Land Trust Beneficial Interest 4% Real Estate Limited Liability Company 90% 90% 95% 50% 10% 10% 1% 50% PSS. There are some serious income tax savings that can come out of proper planning. Let us show you how. Why a Trust? There are five critical reasons why everyone over the age of 18 needs a Trust and Last Will and Testament. 1. Preserve Family Harmony. You want to answers as many questions as possible before you die so that when you are gone there is nothing to fight about. You have spelled it all out in your Trust. 2. Control Your Stuff. If you don’t specify how you want your stuff divvied up before you die, your state has written a will for you. The laws of intestate succession are the default if you fail to make an affirmative statement. 3. Avoid Probate. Probate works but has some serious drawbacks – serious enough that it’s worth avoiding. Why needlessly pay attorneys fees and court cost to delay the distribution of you estate? Trusts keep your affairs private and because they survive your death the ownership of your assets does not need to be changed, which is what probate is all about. 4. Minimize Estate Taxes. You must have a large estate to be subject to estate taxes. However, this is the first step in minimizing them. 5. Incapacity. If, for any reason, you become incompetent or unable to manage you own financial affairs, the Successor Trustee you have selected will work with you Power of Attorney to take care of things until you recover. It’s just that simple. We have done all the technical work in preparing top-quality professional documents. All you need to do is understand these basic concepts.
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Welcome,