You have spent years building financial and psychological security for yourself and your family. Let us make sure it is secure! Numerous threats can erode your assets and prevent your estate from being managed and distributed according to your wishes. These threats include guardianship, estate taxes, disability and probate. With a well-designed estate plan, you can take proper steps to avoid those threats.
REMEMBER: An estate plan is about more than planning for death. It is about planning for whatever comes your way during your lifetime. A sound estate plan allows for peace of mind for you and your family.
Our firm offers the following estate planning documents in order to achieve the financial and personal peace of mind you deserve:
Last Will and Testament— Document that is executed by the testator (the person making the will) to ensure that their personal property, fiduciary funds, real property and any other belongings, are properly distributed to their beneficiaries of choice.
Living Will— Document which allows a Principal (yourself) to place into writing your end of life desires with regard to your health care. It states whether you would like to be kept alive via artificial means. Would you like to be kept alive by machines if two doctors state that there is no medical probability of your recovery.
Designation of Health Care Surrogate—Document naming another person to make medical decisions for you if you are unable to make them yourself.
Power of Attorney— Document allows for someone act on your behalf to make health care, financial, and all personal decisions. The person you select for your power of attorney will be able to do almost anything and everything you can do immediately after you sign the document. For this reason, we recommend that this power only be given to a spouse or family member you completely trust.
Trust— Document that someone establishes during their lifetime for their own benefit and for the benefit of a spouse and designated people after their death. This document can hold property and other funds in order to avoid taxes and probate.
Lady Bird Deed— Document that transfers ownership of real estate outside of probate to a beneficiary named in the deed. You still retain ownership of the property while you are alive. You can mortgage it or sell it without the involvement of the listed beneficiary. This is used to avoid probate on real property.