Dear Property Owner,

You’ve spent years acquiring multiple properties—each one a testament to your hard work, a source of income, and a cornerstone of your legacy. You’ve navigated the ups and downs of the market, dealt with tenants, and managed the complexities that come with owning multiple assets. But what happens if you suddenly can’t manage them anymore? Without an estate plan, the properties you’ve built could become a burden on your family, leading to loss, confusion, and unnecessary stress.

What’s at Stake?

Picture this: You’re no longer there to oversee your properties. Who will step in? Without a clear plan, your family might be left scrambling, trying to figure out how to manage your assets without your guidance. Properties could sit idle, tenants could leave, and the income streams you’ve carefully cultivated could dry up. Your heirs might be forced to sell properties quickly, often at a loss, just to cover taxes and legal fees. The government could take a significant chunk of your estate through taxes, leaving your family with far less than you intended.

But that’s not all. Family members could find themselves in conflict, arguing over who gets what and how the properties should be handled. Without your direction, these disputes could escalate, leading to costly legal battles that not only drain your estate but also fracture relationships. The properties you intended to be a blessing could quickly become a source of stress and division.

The Reality of Owning Multiple Properties

The truth is, managing multiple properties is complex, and without a solid estate plan, that complexity only increases when you’re no longer around. It’s not just about leaving behind assets—it’s about ensuring those assets are managed, maintained, and passed on according to your wishes. Without a plan, your properties could end up in probate, a lengthy and expensive process that could tie up your assets for years and reduce their value significantly.

Many property owners make the mistake of thinking they have time, that they can put off estate planning until later. But the reality is, the unexpected can happen at any time. Without a plan in place, your family could be left dealing with the fallout, and everything you’ve worked so hard to build could be at risk.

The Solution: A Comprehensive Estate Plan

This is where Bascom Law comes in. We help property owners like you protect your assets and your family through comprehensive estate planning. We understand the unique challenges you face as a multi-property owner and are here to help you create a plan that ensures your properties are managed and passed on according to your wishes.

At Bascom Law, we don’t just draft documents—we work with you to create a customized plan that addresses your specific needs. We start by understanding your properties, your goals, and your concerns. Our goal is to protect your assets, minimize taxes, and ensure your family is taken care of, no matter what happens.

Here’s How We Help You Protect Your Properties

First, we help you establish a clear succession plan. This might include setting up trusts or creating a detailed will that specifies how each property should be managed or divided among your heirs. We also work to minimize the impact of taxes and legal fees, so more of your estate stays with your family.

Next, we ensure your plan is legally binding and leaves no room for confusion or disputes. We create clear, detailed documents that outline your wishes and provide guidance for your heirs. This reduces the risk of family conflicts and ensures your properties are managed according to your wishes.

Finally, we keep your plan up to date. Life changes, and so should your estate plan. We work with you to regularly review and update your plan, ensuring it continues to meet your needs and protect your assets as your circumstances evolve.

Don’t Leave Your Properties’ Future to Chance

You’ve worked too hard to leave your properties’ future to chance. The time to act is now. Don’t wait until it’s too late to protect what you’ve built. At Bascom Law, we’re here to help you create an estate plan that ensures your properties continue to provide for your family and maintain their value—no matter what happens.

Call my office today at 770-285-5493 to schedule a consultation. Let’s sit down together and start planning for the future of your properties and your legacy. Your assets deserve the best protection, and at Bascom Law, that’s exactly what we offer.

Sincerely,

Mike Bascom
Bascom Law, PC
Estate Planning & Elder Law