Estate and Trust Planning
Estate planning on your own can be a complex and costly process, with a wide range of considerations such as state taxes, bureaucracy, probate courts, unfair appraisals, health care concerns, eligibility of heirs, life insurance, IRA’s, 401K’s, annuities, burial or cremation costs, and decisions regarding death-postponing treatment. Not understanding your legal and financial rights can lead to additional expenses in the long run.
The thought of estate planning can raise many questions such as: Could an heir be too young to inherit? Should the inheritance be given at a certain age? Is the intended beneficiary in a shaky marriage with the possibility of divorce? Are there children from a previous marriage? Should the inheritance be protected from potential creditors of the heir? Are there taxes that can be avoided? Are you able to avoid the probate court rules, delays, and costs?
Estate planning can seem daunting, but it’s important to remember that it can save your family time, heartache, and money. You may feel that you’re too young to care about estate planning, or the thought of death may make you uncomfortable. But, putting off estate planning can lead to more problems in the long run.
We understand that every estate planning situation is unique, which is why we want to get to know you, your specific situation, and the nature of your relationships. We offer guidance, recommendations, and useful research tools to make your planning simple, efficient, and worry-free. We are available throughout the process for further discussion regarding questions, changes in circumstances, and alternatives. At every step, we’ll be there with you to help you:
- Clearly define your estate planning goals
- Organize and create your estate planning team of experts in law, finance, and taxes, if needed
- Evaluate and recommend estate planning options
- Prepare, organize, and review your estate planning documents, including current wills, trusts, health care, and power of attorney
- Decrease the problems and expenses associated with probate
- Lessen taxes at the time of death
- Arrange for the management of your estate in the event of incapacity
- Draft a working plan for conserving and effectively managing your estate after death
- Transfer the assets of your estate to heirs the way you want
- Organize fair and adequate liquidation of the estate to cover taxes and other expenses
- Amend your plan as needed
- Help with living wills and trusts, lifetime family wealth transfers, family partnerships and other business relationships, leaving money to charities, preparation for estate and trust tax problems, and navigating the hassles and red tape associated with estate planning
You also get help professional help with
- Living Wills and Trusts
- Lifetime Family Wealth Transfers
- Family partnerships and other business relationships
- Leaving money to charities
- Preparation for estate and trust tax problems
Don’t let the complexities of estate planning overwhelm you. Our team is here to guide you through every step of the process and make it as seamless as possible.
Contact Us Today!