What will happen to your property after you die? What will happen to you if you become incapacitated? Who will look after your children, protect your family, and take care of your responsibilities if you can no longer do so? These are the questions that live at the heart of the estate planning. Through the creation of a comprehensive estate plan, you can answer all of these questions and more, by developing the right strategies and blueprint for your financial future. Put our experience to work for you. We can help you craft the right tools to carry out your future wishes when you no longer can.
Every estate plan is unique, but each plan tends to rely on the same types of tools. The individual tools you choose to include in your plan will each be responsible for meeting one or more of your specific goals or legal needs. An estate plan is a collection of these tools that, when taken together, work to protect your interests. We can help you develop an estate plan that takes into account your goals, financial situation, estate taxes, heirs, and more. We can work with you and your legal counsel to ensure that you have the right documents in place for your unique facts and circumstances. Some of the documents to be considered are:
A last will and testament is one of the most essential, yet often overlooked estate planning tools available. No matter the circumstances in your life, it is important for you to seek professional legal counsel for assistance.
A revocable living trust is designed to work hand-in-hand with a last will and testament. When you create a trust you give yourself the ability to more effectively, and efficiently, transfer inheritances to your family. A properly funded, and properly administered, revocable living trust can be one the most powerful estate planning tools in your arsenal.
Should you find yourself in the position of not being able to make health-related decisions you will need health care directives to protect your wishes. Through these directives, you can choose an individual who will serve as your medical representative in the event that you cannot do yourself.
A durable power of attorney should be a part of your estate plan. It gives authority to another individual to assist in managing your financial and other affairs in the event that you cannot do so.
Crafting an estate plan is something that takes time, patience, experience, and good advice. Our firm has guided our clients through the estate planning process for over 40 years. We help our clients create plans that suit their needs, advise them on their options, and give them the support they need to ensure their plans are as good as they can be throughout all stages of life. Whether you currently have an estate plan, or have yet to begin the estate planning process, we can be of assistance. Our team is ready to guide you through the process. Contact us today.