Estate Planning
Effective Estate Planning allows you to decide how your assets will be distributed after your death. This includes making a detailed plan on how your assets will be managed and used for the benefit of future generations and most importantly, how your minor children will be cared for. Without an estate plan in place, state law will determine who gets your property and a judge may even decide who will raise your children. By executing a proper will and perhaps a trust, you can make these decisions for yourself.
Why a trust?
Property left through a will goes through a Probate Court administration which causes delays and costs to beneficiaries. The Probate process includes appraising all of your property, paying all of your debts and distributing the remainder—but only after waiting periods are satisfied and court and legal fees are paid. By executing a living trust, your surviving family members or other beneficiaries can begin benefiting from your assets quickly and easily—generally immediately following your death.
Health Care Directives
A healthcare directive allows you to make important decisions about whether or not life-sustaining or “heroic” measures will be taken in the event you become permanently incapacitated as certified by two attending physicians.
