Estate Planning

Nearly everyone has an estate. Your estate consists of all the property, whether personal or real estate, that you own. For example, your estate can consist of such property as your home, car, house, savings accounts, checking accounts, life insurance, investments, and personal possessions. No matter how big or small, you have an estate.  An estate which you can’t take with you upon your passing.  

Upon your passing you probably would want to make that your possessions will be given to the individuals or organizations you care most about. To make certain your wishes are followed you must provide written directives expressing whom you would like to receive your property, exactly what property you want them to receive, and when they can receive it.

With the right planning this could happen with the minimum amount taxes, legal fees, and court costs.

So what is estate planning? It’s making a plan in advance of your passing. Naming the individuals or organizations you want to receive your property after you pass away.

Estate planning is much more than that. It can also:

There are documents that can be prepare while you are in good health that will lay the groundwork for answering all of these questions, and many others.  These documents are your legal roadmap for what happens “if.” 

These documents primarily direct your wishes should you become incapacitated or upon your death.  There are additional documents that may be necessary depending on your specific situation.  It is best to meet with our experienced counsel to create a plan that best fits your situation. 

TRUSTS

A trust helps managing your property while you are still alive, but is also a useful tool to help plan for your wishes after your death. 

PROBATE

After a family member passes, you may need an attorney to assist you with probating the estate.  Probate is the administration of a deceased individual’s property and debts with the court.