Integrity Estate Advisors


Estate Planning

Estate Planning

The Myth of Estate Planning is that it is for the Wealthy. In Pennsylvania, if your estate is valued at over $25,000, it will probably go through probate. Probate can cost your estate up to 7% – 12% and sometimes more. (the end result is a depleted Legacy to your loved ones)  A quick way to get an approximate cost of probate to your estate is take the value of your home, money, automobiles, recreational vehicles, collectables, furnishings, life insurance death benefits…..everything you have, and multiply it times 7% – 10%. The result is an approximation of how much your loved ones or heirs can lose due to the probate process. Large Estates may experience a smaller percentage loss. Average Attorney’s fees can run up to 5%-7%. We suggest an attorney who charges by the hour in most cases.

Proper Estate Planning can reduce or eliminate the high costs, delays, and hassles associated with the probate system and pass more of that extra money to your heirs instead of those who don’t love you back.  Proper Estate Planning can also reduce the risk of someone contesting your desires….it happens more than you might think!

Estate planning for most, is fairly simple, involving a fact finding appointment between you and one of our advisors. We find out what your needs are and what you want, show you a snapshot of what you would potentially experience with your current plan, and if we have any recommendations, what you could experience with a Proper Estate Plan. With approximatley 90% – 95% of all the new client reviews we do, we are able to show them a more efficient way to create income during retirement and then potentially pass more of their estate to their loved ones!

Some Estate Plans can be very involved. If you own a business or businesses, business succession planning is needed. Exit strategies are needed. If you own highly appreciated assets, there are ways to pass the value of the assets to your heirs with little or no loss.  Unfortunately, many business owners pass their business the least effective way which causes the highest taxes and fees to be paid….ultimately, many businesses close shortly after a death because of the lack of liquid funds available or lack of proper planning.  When the business owner dies, many times lines of credit are lost and the money needed to keep the business running can run out. Families, Businesses, and Farms need to seriously consider finding out what their options are before it is too late!

Call Integrity Estate Advisors today, to see how you and your loved ones may benefit from our decades of experienced services and resources.

If we can’t show you a plan that is better for you in every way, why should you do business with us? That is “performance based” services! You are the judge!