Estate Planning Saved This Family Hundred of Thousands of Dollars

When people hear that an estate plan may cost a few thousand dollars, it can cause hesitation. After all, if you’re not “ultra-wealthy,” isn’t estate planning just a bunch of expensive paperwork?

Actually, no. In reality, estate planning almost always saves more than it costs, and not just in real dollars.  To bring this to life, let’s look at a real-world example of how one family used a $8,500 estate plan to protect their $1.5 million estate and avoid hundreds of thousands in losses.

The Martinez Family: A Case Study in Smart Planning

The Martinez family owned a successful small business, had two adult children, and a net worth of about $1.5 million between their home, retirement accounts, and the business. On the surface, their financial picture was typical of many hardworking American families.

But their estate plan made all the difference. 

1. They Preserved Their Family Business

Like many business owners, the Martinezes assumed their daughter would take over the business one day. But without a legal plan in place, that transfer could’ve become a disaster.

If the couple had passed away without proper documents, their business would have gone through probate, a public and often lengthy court process. That could’ve forced a sale or caused disruptions, potentially ruining the company their family had worked so hard to build. 

Instead, their attorney created for them a revocable living trust that included a business succession plan. The business passed smoothly to their daughter without court interference or delays. Their clients were happy, and the business continued operating without missing a beat.

Estimated value preserved: $250,000+

2. They Protected Their Daughters’ Inheritance from a Divorce

At the time of planning, their daughter was in a troubled marriage. If her parents had left her an inheritance outright, it could have become marital property, meaning half could’ve gone to her spouse in a divorce.

To avoid this, their attorney recommended a trust, allowing their daughter to benefit from her inheritance while keeping it legally separate from her marriage. When the divorce became final a year later, the trust shielded her assets completely.

Estimated savings: $200,000+ in protected inheritance

3. They Avoided a Probate Nightmare

Without a trust in place, the Martinez family’s estate would have gone through probate court, resulting in court costs, attorney’s fees, and potentially 12–18 months of delays.

Thanks to their trust-based estate plan, their assets passed quickly, privately, and without court involvement. Their children didn’t have to fight over paperwork, wait months for access to funds, or spend thousands on legal fees.

Estimated savings: $25,000–$40,000 in probate costs

A $8,500 Plan. A $500,000+ Return.

The Martinezes invested $8,500 in a comprehensive estate plan, and the return was substantial. They preserved the full value of their family business, protected their daughter’s inheritance from a costly divorce, and avoided tens of thousands in probate fees and delays. 

More than that, they spared their children the emotional and financial stress of legal battles. In total, their investment likely saved their family well over $500,000, all while protecting their legacy for the next generation.

Let Us Help You Do the Same

If you’re ready to get started, we’d love to help! Book your Peace of Mind Planning Session today and take the first step!