Integritas Brochue

Benefits of a Trust Centered Estate Plan.

• Avoids probate costs in legal fees.

• Estate assets, (financial) are not frozen upon death.

• Eliminates ancillary probate in other counties or states where you own roperty.

• Heirs receive full inheritance mmediately.

• Eliminates public death notices. Keeps estate assets distribution plan private, not public.

• Allows a family member to manage the estate assets instead of court appointees.

• Unlike a Will, a Trust greatly reduces the possibility of potential litigation between heirs.

• Ensures continuation of business operations and business financial matters.

• When a spouse or loved one becomes incapacitated the Co-Trustee or Successor Trustee has immediate control of the estate assets eliminating Living Probate.

• Allows a controlled distribution of inheritance to heirs who are not financially responsible.

• Allows a controlled distribution of inheritance to heirs who are recognized as Special Needs without the loss of state benefits.

Taxes

This AB Revocable Living Trust is usually recommended for a husband and wife whose net taxable estate including life insurance, IRAs, and retirement benefits, is now or, in the future, can exceed one of the current federal estate tax exemptions. The Trust is written to take full advantage of both the unlimited marital deduction and the current estate tax exemption available to a husband and wife.

integritas-bro-9pan-v9.indd 1

Conclusion

Why trust

IntegriTas? Our clients say:

We conclude that drafting a well thought out Revocable Living Trust Centered Estate Plan is the best method available to assure immediate distribution to heirs without court delays and expensive legal procedures.

At the same time ensuring that a person’s desires and affairs will be managed in the way they desired at incapacitation and death.

Families desire to leave an inheritance for loved ones, but do not understand the absolute need for proper Estate Planning.

An inheritance to children or heirs can be the greatest gift, however if you do not plan properly the inheritance can become their greatest challenge. You have protected your children or heirs throughout their lives, now protect them at your passing.

– “They have over thirty years of combined experience in Estate Planning.”

– “The process and end result exceeded my expectations. Integrity!”

– “Their affiliated attorneys design language in the Trust to eliminate costly add-on fees throughout the life of the Trust.”

– “All costs were explained up front with no surprises.”

– “They have outstanding staff members offering exceptional customer service.”

– “Their Trust designs are easy to understand for clients and their heirs.”

Call today for a free consultation.

Estate Planning Wills vs A Living Trust

What is an estate?

Oklahoma Bar Association:

“ If you own a home, a car or have a checking account, you have an estate. A person does not have to be wealthy or elderly to do some serious thinking regarding an estate plan.”

Integritas Estate Services, LLC 4101 Perimeter Center Dr., Suite 109 Oklahoma City, OK 73112 Office: (405) 602-2700 Toll Free: (866) 659-6203 Fax: (405) 602-2858

www.trustintegritas.com

3/10/14 10:39 AM

What is Estate Planning?

Legal documents that: • Provide immediate transfer to heirs of financial, personal, titled, and business assets at incapacitation, or death.

• Eliminate probate court costs, unnecessary legal fees, in your home state and other counties or states where you have estate assets.

• Provide tax advantages.

• Include instructions for your care if you become disabled or incapacitated.

• Name a guardian and an inheritance manager for minor children.

• Provide for family members with special needs without disrupting government benefits.

• Provide for loved ones who are not responsible with financial matters or their inheritance.

When you do not plan others will have to . . .

Intestate Succession is a process of law

where a person dies without a Will or Trust, and the estate is subject to State Statutes Laws and probate.

• A Probate Judge will write your Will.

• The executor or personal representative of your estate may not be one of your children or whom you would have chosen. (Court appointed executors are allowed to charge 10% of the gross estate value.)

• The distribution of your estate assets may not be to your chosen heirs.

• Intestate Succession is fraught with delay; improper distribution to heirs, exuberant expenses, publicity, and should be avoided at all cost.

integritas-bro-9pan-v9.indd 2

What is Probate?

Probate is a state court process that turns the decedents affairs over to the court and attorneys. Duties for the Probate Judge, Attorney and the Executor: • Reading of the Will • Inventory of assets • Freezing of all assets • Taking control of assets by an attorney • Appraisal of assets by an appraiser • Discovery of all debts • Collection • Advertising the probate administration These are just a few of the duties executed by heirs.

Probate is calculated on the gross estate value not the net. For those who think that they do not have enough “real worth”, they need to think again. When considering the pecking order of final distribution, heirs feel they fall in last place.

According to Henry W. Abts III,

“ The process of probate usually takes at least one and a half to two years to complete.

Many cases take three or four years, and more.” The result of no Estate Plan or a Will Centered Estate Plan is a reduced inheritance of 15, 20, or 40% of the gross estate value.

Another form of Probate:

When a parent or person becomes incapable of handling their affairs due to illness, dementia, or stroke; loved ones will need to obtain conservatorship of the estate assets.

It is known as “Living Probate.” The probate court assumes all authority for the financial and personal affairs of the person until the court appoints a person.

With a Trust Centered Estate Plan the Co-Trustee, (spouse), of the Trust, or the Successor Trustee, has complete control of the estate assets without having to enter Living Probate for conservatorship of estate assets.

There are no delays when decisions have to be made for incapacitated loved ones.

Most families realize a Will is not the correct Estate Plan.

A Will is a legal document that simply states your distribution intentions, and identifies heirs. Titled assets held within a Will must endure the probate process.

There is a common misconception that Wills can be drafted to completely avoid the probate process. This is simply not possible.

It is thought that the Probate Judge is bound by the dictates of the Will. Not so!

Recent statistics shows that one third of all Wills contested are successful. Families fall prey to major litigation as both parties obtain attorneys to contest the Will and probate court.

SOLUTION

Choose a Living Trust Centered Estate Plan: American Bar Association:

“ More people are transferring their assets outside of Wills, and thus beyond the reach of probate. There is for instance a boom in purchasing Revocable Living Trusts.”

Oklahoma Bar Association:

“ A Living Trust does avoid probate, if properly funded.” Living Trusts are settled privately between children and beneficiaries.

Suze Orman, Author and TV Host: “The reason a trust bypasses probate is that you have transferred assets from your name as an individual in the separate entity of your Trust.” Estate assets are no longer in your personal name, therefore, probate is not required. “The Trust bypasses the court system; there are no probate costs and no legal fees.” There is no freezing of assets, or public record of the value of your estate, protecting your privacy.

3/10/14 10:39 AM

What is Estate Planning?

Legal documents that: • Provide immediate transfer to heirs of financial, personal, titled, and business assets at incapacitation, or death.

• Eliminate probate court costs, unnecessary legal fees, in your home state and other counties or states where you have estate assets.

• Provide tax advantages.

• Include instructions for your care if you become disabled or incapacitated.

• Name a guardian and an inheritance manager for minor children.

• Provide for family members with special needs without disrupting government benefits.

• Provide for loved ones who are not responsible with financial matters or their inheritance.

When you do not plan others will have to . . .

Intestate Succession is a process of law

where a person dies without a Will or Trust, and the estate is subject to State Statutes Laws and probate.

• A Probate Judge will write your Will.

• The executor or personal representative of your estate may not be one of your children or whom you would have chosen. (Court appointed executors are allowed to charge 10% of the gross estate value.)

• The distribution of your estate assets may not be to your chosen heirs.

• Intestate Succession is fraught with delay; improper distribution to heirs, exuberant expenses, publicity, and should be avoided at all cost.

integritas-bro-9pan-v9.indd 2

What is Probate?

Probate is a state court process that turns the decedents affairs over to the court and attorneys. Duties for the Probate Judge, Attorney and the Executor: • Reading of the Will • Inventory of assets • Freezing of all assets • Taking control of assets by an attorney • Appraisal of assets by an appraiser • Discovery of all debts • Collection • Advertising the probate administration These are just a few of the duties executed by heirs.

Probate is calculated on the gross estate value not the net. For those who think that they do not have enough “real worth”, they need to think again. When considering the pecking order of final distribution, heirs feel they fall in last place.

According to Henry W. Abts III,

“ The process of probate usually takes at least one and a half to two years to complete.

Many cases take three or four years, and more.” The result of no Estate Plan or a Will Centered Estate Plan is a reduced inheritance of 15, 20, or 40% of the gross estate value.

Another form of Probate:

When a parent or person becomes incapable of handling their affairs due to illness, dementia, or stroke; loved ones will need to obtain conservatorship of the estate assets.

It is known as “Living Probate.” The probate court assumes all authority for the financial and personal affairs of the person until the court appoints a person.

With a Trust Centered Estate Plan the Co-Trustee, (spouse), of the Trust, or the Successor Trustee, has complete control of the estate assets without having to enter Living Probate for conservatorship of estate assets.

There are no delays when decisions have to be made for incapacitated loved ones.

Most families realize a Will is not the correct Estate Plan.

A Will is a legal document that simply states your distribution intentions, and identifies heirs. Titled assets held within a Will must endure the probate process.

There is a common misconception that Wills can be drafted to completely avoid the probate process. This is simply not possible.

It is thought that the Probate Judge is bound by the dictates of the Will. Not so!

Recent statistics shows that one third of all Wills contested are successful. Families fall prey to major litigation as both parties obtain attorneys to contest the Will and probate court.

SOLUTION

Choose a Living Trust Centered Estate Plan: American Bar Association:

“ More people are transferring their assets outside of Wills, and thus beyond the reach of probate. There is for instance a boom in purchasing Revocable Living Trusts.”

Oklahoma Bar Association:

“ A Living Trust does avoid probate, if properly funded.” Living Trusts are settled privately between children and beneficiaries.

Suze Orman, Author and TV Host: “The reason a trust bypasses probate is that you have transferred assets from your name as an individual in the separate entity of your Trust.” Estate assets are no longer in your personal name, therefore, probate is not required. “The Trust bypasses the court system; there are no probate costs and no legal fees.” There is no freezing of assets, or public record of the value of your estate, protecting your privacy.

3/10/14 10:39 AM

Benefits of a Trust Centered Estate Plan.

• Avoids probate costs in legal fees.

• Estate assets, (financial) are not frozen upon death.

• Eliminates ancillary probate in other counties or states where you own roperty.

• Heirs receive full inheritance mmediately.

• Eliminates public death notices. Keeps estate assets distribution plan private, not public.

• Allows a family member to manage the estate assets instead of court appointees.

• Unlike a Will, a Trust greatly reduces the possibility of potential litigation between heirs.

• Ensures continuation of business operations and business financial matters.

• When a spouse or loved one becomes incapacitated the Co-Trustee or Successor Trustee has immediate control of the estate assets eliminating Living Probate.

• Allows a controlled distribution of inheritance to heirs who are not financially responsible.

• Allows a controlled distribution of inheritance to heirs who are recognized as Special Needs without the loss of state benefits.

Taxes

This AB Revocable Living Trust is usually recommended for a husband and wife whose net taxable estate including life insurance, IRAs, and retirement benefits, is now or, in the future, can exceed one of the current federal estate tax exemptions. The Trust is written to take full advantage of both the unlimited marital deduction and the current estate tax exemption available to a husband and wife.

integritas-bro-9pan-v9.indd 1

Conclusion

Why trust

IntegriTas? Our clients say:

We conclude that drafting a well thought out Revocable Living Trust Centered Estate Plan is the best method available to assure immediate distribution to heirs without court delays and expensive legal procedures.

At the same time ensuring that a person’s desires and affairs will be managed in the way they desired at incapacitation and death.

Families desire to leave an inheritance for loved ones, but do not understand the absolute need for proper Estate Planning.

An inheritance to children or heirs can be the greatest gift, however if you do not plan properly the inheritance can become their greatest challenge. You have protected your children or heirs throughout their lives, now protect them at your passing.

– “They have over thirty years of combined experience in Estate Planning.”

– “The process and end result exceeded my expectations. Integrity!”

– “Their affiliated attorneys design language in the Trust to eliminate costly add-on fees throughout the life of the Trust.”

– “All costs were explained up front with no surprises.”

– “They have outstanding staff members offering exceptional customer service.”

– “Their Trust designs are easy to understand for clients and their heirs.”

Call today for a free consultation.

Estate Planning Wills vs A Living Trust

What is an estate?

Oklahoma Bar Association:

“ If you own a home, a car or have a checking account, you have an estate. A person does not have to be wealthy or elderly to do some serious thinking regarding an estate plan.”

Integritas Estate Services, LLC 4101 Perimeter Center Dr., Suite 109 Oklahoma City, OK 73112 Office: (405) 602-2700 Toll Free: (866) 659-6203 Fax: (405) 602-2858

www.trustintegritas.com

3/10/14 10:39 AM

Benefits of a Trust Centered Estate Plan.

• Avoids probate costs in legal fees.

• Estate assets, (financial) are not frozen upon death.

• Eliminates ancillary probate in other counties or states where you own roperty.

• Heirs receive full inheritance mmediately.

• Eliminates public death notices. Keeps estate assets distribution plan private, not public.

• Allows a family member to manage the estate assets instead of court appointees.

• Unlike a Will, a Trust greatly reduces the possibility of potential litigation between heirs.

• Ensures continuation of business operations and business financial matters.

• When a spouse or loved one becomes incapacitated the Co-Trustee or Successor Trustee has immediate control of the estate assets eliminating Living Probate.

• Allows a controlled distribution of inheritance to heirs who are not financially responsible.

• Allows a controlled distribution of inheritance to heirs who are recognized as Special Needs without the loss of state benefits.

Taxes

This AB Revocable Living Trust is usually recommended for a husband and wife whose net taxable estate including life insurance, IRAs, and retirement benefits, is now or, in the future, can exceed one of the current federal estate tax exemptions. The Trust is written to take full advantage of both the unlimited marital deduction and the current estate tax exemption available to a husband and wife.

integritas-bro-9pan-v9.indd 1

Conclusion

Why trust

IntegriTas? Our clients say:

We conclude that drafting a well thought out Revocable Living Trust Centered Estate Plan is the best method available to assure immediate distribution to heirs without court delays and expensive legal procedures.

At the same time ensuring that a person’s desires and affairs will be managed in the way they desired at incapacitation and death.

Families desire to leave an inheritance for loved ones, but do not understand the absolute need for proper Estate Planning.

An inheritance to children or heirs can be the greatest gift, however if you do not plan properly the inheritance can become their greatest challenge. You have protected your children or heirs throughout their lives, now protect them at your passing.

– “They have over thirty years of combined experience in Estate Planning.”

– “The process and end result exceeded my expectations. Integrity!”

– “Their affiliated attorneys design language in the Trust to eliminate costly add-on fees throughout the life of the Trust.”

– “All costs were explained up front with no surprises.”

– “They have outstanding staff members offering exceptional customer service.”

– “Their Trust designs are easy to understand for clients and their heirs.”

Call today for a free consultation.

Estate Planning Wills vs A Living Trust

What is an estate?

Oklahoma Bar Association:

“ If you own a home, a car or have a checking account, you have an estate. A person does not have to be wealthy or elderly to do some serious thinking regarding an estate plan.”

Integritas Estate Services, LLC 4101 Perimeter Center Dr., Suite 109 Oklahoma City, OK 73112 Office: (405) 602-2700 Toll Free: (866) 659-6203 Fax: (405) 602-2858

www.trustintegritas.com

3/10/14 10:39 AM