No one really wants to think about their own mortality. However, having your affairs in order can give you tremendous peace of mind, knowing that your loved ones will be provided for and will not have to make difficult decisions amidst grieving their loss. We will determine the appropriate estate plan to meet your needs and ensure that your wishes are clearly set forth. Estate planning practice areas include:
One of the best ways to give your loved ones peace of mind and make the process simple for them upon your passing is to have a trust in place. Trusts help to keep your assets out of probate and to minimize the time and expense of administering your estate upon your death by allowing your assets to pass directly from the trust to your beneficiaries without the necessity of court intervention. This makes the process very simple and straightforward for your loved ones at a time when they are already grieving.
A will is a simple and inexpensive way to ensure that your wishes are clearly set forth so that your assets can be left to your beneficiaries in the way you desire, rather than what the state would impose if you did not have a will in place. The downside of a will is that it is required to go through probate, which can be a time-intensive and costly process.
Powers of Attorney
Powers of attorney allow you to designate someone else to stand in your place and make decisions on your behalf, whether due to your incapacity or simply for your convenience. There are several types of powers of attorney to accomplish various functions and meet your needs. We can assist you in determining the best options for your unique situation.
Living Wills (also known as Advance Directives or Healthcare Powers of Attorney)
Living wills, advance directives, and healthcare powers of attorney are all essentially different ways of saying that you would like to designate someone to make medical decisions on your behalf if you are unable to do so for yourself. This is most common for when a person is in a coma, mentally incapacitated, or otherwise unresponsive. These documents allow you to clearly set forth your wishes in all aspects of your medical care.