Posts Tagged legacy

What’s in Your Wagon? Celebrating Legacy & Little Red Wagon Day

What’s in Your Wagon? Celebrating Legacy & Little Red Wagon Day

  On March 26th, 2025, we celebrate Little Red Wagon Day, a day dedicated to the iconic red wagon, a symbol of childhood memories, imagination, and the power of passing down treasured items through generations. Just like a red wagon carries toys, books, or even a child’s dreams, estate planning is about carrying your life’s most valuable treasures forward: your legacy, your wishes, and your assets. At Estate Planning Law Center (EPLC), we believe that just as the little red wagon is passed down from one generation to the next, your legacy deserves to be protected and passed down in a legally sound and thoughtful way. Let’s explore how Little Red Wagon Day can inspire us to reflect on what we want to leave behind—and how estate planning can ensure it’s protected. The Legacy of the Little Red Wagon The Original Little Red Wagon, designed in 1917 by Antonio Pasin,

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How Avoiding Probate Resolves Family Disputes and Preserves Legacies

When Tom passed away, his family quickly learned that his will wasn’t enough. What followed was a year of probate—an emotionally and financially draining process that left his children bitter and fractured. Despite Tom’s best intentions, court fees piled up, disputes over sentimental items escalated, and cherished family memories were overshadowed by resentment. Probate is a court-supervised process designed to settle an estate, but for many families, it feels more like a punishment. It’s public, lengthy, and expensive, with fees in New York State often eating up anywhere from 5%-20% of the estate’s value. For Tom’s family, it was a stark reminder that a will alone isn’t enough to prevent complications. Contrast this with Sarah’s story. Sarah had taken a proactive approach by working with The Estate Planning Law Center to create a revocable living trust. When Sarah passed, her assets bypassed probate entirely. Her successor trustee handled everything seamlessly—distributing

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