Estate Law & You

BENEFITS OF PLANNING

 Some benefits include:

  • choose beneficiaries
  • minimize emotional turmoil
  • control the manner of distribution 
  • avoid probate
  • maintain privacy
  • control assets at death & incapacity
  • utilize Federal Estate Tax Exemption  

WHAT IS A WILL?

 An advance health care directive is a legal document appointing an agent to make medical decisions for another.  Without an advance health care directive, an incapacitated person’s family may need to go to Court to seek a conservatorship over you. 

WHAT IS A LIVING TRUST?

 A revocable living trust is a legal declaration or agreement containing instructions for asset management during life and after death.  A Trustee manages the trust. 

WHAT IS A DURABLE POWER OF ATTORNEY?

 A durable power of attorney is a legal document giving an appointed agent legal authority to manage finances for another.  Without a durable power of attorney, an incapacitated person’s family may need to go to Court to seek a conservatorship over you. 

WHAT IS AN ADVANCE HEALTH CARE DIRECTIVE?

 An advance health care directive is a legal document appointing an agent to make medical decisions for another.  Without an advance health care directive, an incapacitated person’s family may need to go to Court to seek a conservatorship over you. 

WHAT IF I HAVE AN ESTATE PLAN?

 Reviewing a current estate plan is important.  Family situations and assets change over time.  Also, new laws can affect your plan. Having a legal professional review your current situation and estate plan documents can assist in meeting goals. Get clarity and peace of mind about the future with a professional review.