Estate Planning Services
Estate planning is a comprehensive process that involves creating a plan to manage and distribute your assets and affairs during your lifetime and after your death.
While estate planning can be complex and tailored to individual circumstances, there are three key elements that form the foundation of a well-rounded estate plan
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A will is a legal document that outlines your wishes for the distribution of your assets after your death. It allows you to name beneficiaries for your property, designate guardians for minor children, and name an executor to carry out your wishes.
A living trust, or revocable living trust, is an alternative to a will. It allows you to transfer assets into the trust during your lifetime and specify how those assets should be managed and distributed upon your death. A living trust can provide privacy, avoid probate, and offer greater flexibility in managing your assets during your lifetime.
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An advance healthcare directive (also known as a healthcare power of attorney) allows you to appoint someone you trust to make medical decisions on your behalf if you become unable to do so yourself.
A living will is a document that outlines your preferences regarding medical treatments and end-of-life care if you are in a terminal condition or a persistent vegetative state and unable to communicate your wishes.
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A durable power of attorney authorizes someone to act as your agent in legal and financial matters if you become incapacitated or unable to manage your own affairs.
This person, known as your "attorney-in-fact" or "agent," can handle tasks such as managing your bank accounts, paying bills, and making financial decisions on your behalf.
Take the time to plan your estate with a Will or Living Trust - Your Family Deserves to Know Your Final Wishes.
Having a will gives you the peace of mind that your wishes will be respected and that your loved ones will be taken care of according to your instructions.
Creating a will is a responsible and thoughtful way to ensure that your estate is handled according to your wishes, and it provides reassurance that your loved ones will be provided for after your passing.
Consulting with an estate planning attorney can help you create a comprehensive and legally valid will tailored to your specific needs and circumstances.
In your will, you can name an executor, also known as a personal representative, who will be responsible for managing your estate and ensuring that your wishes are carried out.
If you have beneficiaries who are minors or individuals with special needs, you can use your will to create trusts and provide for their financial needs and protection. This also can include caring for your pets.
If you wish to make donations to charities or support a cause close to your heart, you can include these provisions in your will.
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It’s never too early to do your estate planning, but it can be too late. Life is precious and unpredictable, ensure your property, assets, and what you value most is cared for after you are gone.