Planning for the future is important, and there is nothing more important than planning for your loved ones.
An estate plan can take many forms. We help you figure out which type of estate plan will meet your needs now, and the needs of your family and heirs upon your death.
A properly drafted and executed estate plan is crucial. Without a will or a trust in place, your estate will pass according to the laws of intestate succession, which may or may not benefit your intended beneficiaries. Moreover, your estate may end up paying costly estate taxes that could have been avoided with proper planning. Without a power of attorney for health care and a living will, in the event of your incapacity, your intentions for your medical care may not be carried out. If you have a disabled child, that child’s inheritance could be transferred to government agencies that are entrusted with his care. All of these things can be avoided with a properly drafted will, trust, and other documents, depending on your situation.
It is important to get your affairs in order. Contact our office for more information about setting up the right estate plan for you.