Why Estate Planning?
What is an Estate Plan and Why Do You Need It?
AN ESTATE PLAN HELPS ENSURE PEACE OF MIND AND CERTAINTY.
Too many people don’t plan!
Individuals put off estate planning because they think they don’t own enough, they’re not old enough, they’re busy, think they have plenty of time, they’re confused and don’t know who can help them, or they just don’t want to think it. Then, when something happens to them, their families have to pick up the pieces. Remember, if you don’t have a plan, your state has one for you, but you probably won’t like it.
An estate plan helps ensure that your wishes are fulfilled after you pass. This is not an easy topic for many people to confront, but I believe it’s is important for all of us to do so. It helps give you, and your loved ones, peace of mind that things will go smoothly and your wishes will be carried out during a difficult time.
A revocable living trust is essential to a proper estate plan.
We believe the pillar of every estate plan is a revocable living trust. A trust provides an outline for the management of your assets after you are gone, or in the event you are incapacitated. Importantly, a trust helps you avoid the time and cost of probate. Together we will draft your revocable living trust to ensure your wishes are carried out, being sure to account for all of life’s changes.
Additionally, your estate plan will include a Pour-Over Will, a Guardianship Nomination if you have children under 18), an Advanced Health Care Directive, a Health Insurance Portability and Accountability Act (HIPAA) Release, and a General Durable Power of Attorney. Together with your revocable living trust, these documents will ensure that your health and financial decisions are carried out in accordance with your wishes.
What is Probate and Why Should You Avoid It?
-See Practice Areas-Estate planning text
What Documents do I need in my Estate Plan?
-See Practice Areas-Estate planning text
SUB-CATEGORIES OF THIS SECTION (SEE TEXT IN PRACTICE AREAS-ESTATE PLANNING for each):
-Revocable Living Trust
– Pour-Over Will,
-Guardianship Nomination,
-Advanced Health Care Directive,
-Health Insurance Portability and Accountability Act (HIPAA) Release,
-General Durable Power of Attorney,
-Trust Transfer Grant Deed