While the topic of one’s own death is not a pleasant one, failure to plan for it can harm the very people you would want to benefit from your lifetime of hard work.
An estate plan is necessary, regardless of the size of the estate. It allows you to control to whom your property will pass, the manner in which they receive the property, and the appropriate time for them to receive the property. If you have minor children, it allows you to nominate trusted people to become the guardians of your children, eliminating disputes and giving you peace of mind.
An estate plan does not have to be a complicated task, we take the time to listen to your needs and craft a strategy that accomplishes your goals.
Often, that strategy includes:
- Durable Powers of Attorney
- Last Will and Testament
- Health Care Proxy
- Living Will
- Revocable Trusts
If your situation is more complex, we can also assist you in planning so that your estate tax liabilities are minimized.