Prosperity Estate Planning

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Read below to uncover the secrets of estate planning!

Will your estate skip probate?

The Only Bullet Proof Estate Plan

December 01, 20235 min read

“By failing to prepare, you are preparing to fail.”
- Benjamin Franklin

The Only BULLET PROOF
Estate Plan

And How To Easily Lock Your Legacy In Legal Stone
-Ryan Stone, The Prosperity Professor

Greetings Prosperity Builders:

Ready to unveil the meticulously detailed blueprint for the ONLY bulletproof estate plan that's going to keep your legacy shining? Grab your pens and notepads because we're about to delve deep into the intricacies of a proper estate plan – where every 'i' is dotted, and every 't' is crossed.

Probate court nightmares churn every single day to unprepared families. In a world where 3,000,000 probate cases play the villain, we present the hero – the Prosperity Estate Plan.

Let's dissect the components that will safeguard your legacy from the probate storm and make sure you are remembered as the hero that YOU are for your family.


With that said, here are 6 crucial elements every estate plan should contain.

1. The Will: Unleashing Distribution

The will explains which of the your belongings are included for distribution to your beneficiaries. It also spells out when that property should be distributed to your beneficiaries.

Your will is the protagonist of this saga, dictating not just what, but when your assets take center stage. It's not just a list; it's the director's cut of your estate's legacy.

But a will all by itself will not get the job done of avoiding probate. In fact, millions of wills are contested every single year.

2. Revocable Living Trust: The Legal Maestro

The Revocable Living Trust is the maestro, conducting your estate symphony.

It's revocable – allowing adjustments while you're the maestro-in-chief. Its primary role? Shielding your assets from the probate whirlpool, saving time and millions in legal fees.

The trust is the legalese that locks the wishes of the will in legal stone.

Revocable meaning "changeable" during the your life in contrast to irrevocable trusts which are locked in stone once they are set. The trust allows for assets to skip the painful and expensive process of probate court.

3. Power's of Attorney: Your Guardians in the Shadows

Meet some of your unsung heroes – the person/people that hold your Power's of Attorney (POA) for Health and Finance.

The Health POA ensures your medical wishes are executed, even if you're incapacitated in a coma or a severe illness causing you to not have the ability to communicate.

The Financial POA is the financial guardian, paying bills and ensuring your wishes are carried out when you're suddenly taken off the grid mentally and physically.

4. Medical Directives: The Script for Your Final Act

The 'Pour Over Will' or Medical Directives are the screenplay for your final act. When your end-of-life and unfortunate medical drama reaches its climax, this document ensures your voice is heard loud and clear, detailing your preferences during the end-of-life scene.

The Medical Directives spell out how you would like to be medically treated during end of life care should you fall into a coma, or become incapacitated, and unable to communicate and 2 doctors agree you are unlikely to survive.

5. Beneficiaries: Passing the Baton

Your beneficiaries are the MVPs. They are the ones inheriting the legacy you've crafted over the course of your entire life.

Consider the possibility of using spendthrift provisions. They are secret weapons against life's curveballs that they themselves could be struggling with– be it minor children or adults facing criminal, drug or alcohol, gambling, or medical issues.

This is the section that allows you to control your legacy from the grave.

6. Successive Trustees: The Legacy Custodians

Picture the successive trustees as the guardians of your legacy. These are most likely the closest, most competent people you trust during your lifetime. It could be a spouse, a parent, a sibling, or a long time friend. If necessary, successive trustee services can be purchased. After you've taken the final bow, these individuals ensure your wishes come to fruition. I can help you uncover the intricacies of their role in steering the legacy ship and how to approach them with this responsibility.

So now that you know the crucial elements of what needs to be in an estate plan for an effective transfer of your estate— here's what to do next...

Don't wait.

In the end, what's the best kind of estate plan?
The one that is in place the day you become incapacitated or pass away.

The problem is we don't know when that day may come; against our better wishes and hopes...

In a world where probate court is a dragon consuming American's legacies across the country at staggering numbers, the Prosperity Estate Plan is your dragon slayer.

Stay tuned for more pearls of wisdom on navigating the estate planning labyrinth. Remember, your legacy deserves nothing less than a meticulously detailed, bulletproof armor!

Other resources to help you lock a Prosperous Legacy in Stone

WHY YOU NEED
A $500,000 LEATHER BINDER
(and how to get it easily)


Start your own Estate Plan Checklist:

Here is a quick checklist to get you started with your estate plan.
Remember imperfect action beats inaction, get started and get your life's work protected!

  • Take stock of all financial, physical, and real estate assets

  • Check balances of all bank accounts, and retirement accounts

  • Choose who would be your beneficiaries

  • Consider if spendthrift clauses would be needed

  • Choose who you would have be your successive trustee's

  • Consider who you would trust to represent you with Power's of Attorney

  • Take Action❗

  • CLICK HERE to learn how to get your Estate Plan completed swiftly and easily

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THE TOP ESTATE & WEALTH PLANNING EXPERT IN THE COUNTRY

Meet Ryan Stone...

After graduating with a Master's Degree in Curriculum & Instruction and a Bachelor's Degree in Philosophy, Ryan took his skills to teaching the secrets of success and living a good life.

His main goal for his clients is to make sure they have the MOST amount of wealth flowing back to them and their families at the end of the day so they can live the life that THEY want to live.

He has educated 100's of Americans how they can set up their estate plans and cash flows to the most effective degree. He has also spoken and coached 100's of other financial and insurance advisors how they can better help their own clients.


The Prosperity Professor

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Schedule a free estate planning consultation with Ryan today!

ryan@theprosperityprofessor.com

760 - 644 - 1384