While you are still living is the best time to plan for the preservation of your estate after your death. By proper planning, taxes can be avoided or minimized, and your estate may be protested so that your spouse and children and grandchildren will enjoy what you have worked so hard for. Please contact us to discuss estate planning.
WILLS
A will is an important opportunity for you to give your family piece of mind upon your death. A will will set out how you wish your property will be distributed to your heirs, any special requests you wish to make, requests regarding your burial and other important legal matters.
If you do not have a will, your property may not be distributed to your spouse and children or other heirs as you wished and your special wishes may not be implemented. Wills may also provide for the appointment of someone to care for your children in the event that something happens to both parents, and to provide a trust and safeguards to ensure that your estate is used for your children’s education and other promises.
As part of preparing a will, we will also prepare other documents that will make clear your issues with regard to your property management in the event that you need to manage your property, who should make medical decisions for you if you can not speak for yourself and what decisions should be made for dieing with dignity if your condition is irreversible.
In many circumstances the significant assets, high levels of income, and even high amounts of insurance, a trust may safeguard you against tax consequences and ensure that what you worked so hard for will pass on to your heirs and beneficiaries. Please contact us to discuss if your situation is appropriate for a trust.
Probate is the legal proceeding to determine how your assets are distributed at your death. There may be probate whether or not you have a will. It is much easier, and in most cases, the court will follow your wishes. Probate is neither complicated, expensive or time consuming. In many cases, probate is not necessary.
There are also simple stream-line preliminary proceedings for simple cases. If your spouse or other loved one has past away, please contact us to discuss whether or not you need probate, and if you do, how we may assist you.
While you are still living is the best time to plan for the preservation of your estate after your death. By proper planning, taxes can be avoided or minimized, and your estate may be protested so that your spouse and children and grandchildren will enjoy what you have worked so hard for. Please contact us to discuss estate planning.