If you wish to leave behind a meaningful legacy, be it for loved ones or a charitable organization, you need to put a well-thought-out estate plan into place. Without an established plan, the fate of your estate could be determined by the government, lawyers, or people that don't have your interest and best wishes in mind.
Having an estate plan is paramount in ensuring that your estate is handled according to your wishes. Together with your estate planning attorney, we can assist in reviewing your situation so that your estate benefits the people and the charities that you care about.
We can help you understand how to structure your will so that your legal team can create a document that reflects how you want you estate disposed of and distributed.
Whether it's to manage specific assets, such as investments, accounts, and real estate holdings, or to help others make healthcare decisions if you are ill or incapacitated, you need a POA in place to ensure your wishes are followed.
The executors of your estate wield strong power that determines how your estate is handled upon your passing. We'll help you understand the importance of choosing an executor for your estate and what criteria you should consider when appointing someone to discharge their important role - especially if minor children/guardians are involved.
If you don't choose beneficiaries for your assets carefully, your estate might end up in the hands of individuals that you never intended to benefit from them. A careful estate plan ensures the needs of your beneficiaries are taken care of.
Taxes, fees, and other levies have the potential to erode a large part of your estate before your beneficiaries see a dime. Careful planning can reduce the impact taxes and fees may have.
Even after you pass, many of your assets - such as long-term investment and property - will likely need protection and management until they are disposed/distributed to your beneficiaries. In the absence of an estate plan, your assets will likely not receive the type and level of protection those assets require.
(We do not provide legal advice or services. Please consult your legal advisor or an estate planning attorney regarding your specific situation.)