Estate Planning

What is estate planning?

Estate planning is the process of preparing in advance for distribution of your assets at the time of your death and in some cases, transfer of assets during your lifetime. This may involve preparing legal documents, such as a will and/or living trust. Estate planning puts you in control of your assets.

Estate planning also includes making sure that someone has legal authority to handle your financial matters and health care decisions should you become unable to do so. This may involve preparing a durable power of attorney for property management as well as an advance healthcare directive.

  • Estate planning ensures that upon your death, the individuals you have chosen will receive your assets lawfully.
  • Estate planning offers peace of mind while you are alive. You can rest assured that your affairs will be handled the way you want them to be handled.
  • Estate planning ensures that the right people handle your estate.
  • Estate planning minimizes taxes.
  • Estate planning reduces the possibility of conflict and wasteful litigation.

In short, estate planning ensures that your affairs are properly handled while you are alive, if and when you become disabled, and after your death.

What can proper estate planning do for you?

Estate planning offers the following benefits:

  • Protects your family and loved ones while you are alive and after you are gone
  • Provides oversight for your assets and health care during your lifetime if you become disabled
  • Protects and provides for minors and disabled family members
  • Minimizes estate taxes and other costs
  • Simplifies the transfer of your estate at death and minimizes or eliminates family disputes at death

Our office offers comprehensive estate planning services. Please contact us to learn more.