Estate planning is essential to protecting your assets both during life and after death. A good estate plan makes sure that you avoid costly and lengthy court proceedings such as will contests, guardianship disputes, and other court involvement.
Everyone who is a competent adult should have at least a health care power of attorney and a power of attorney for finances. These documents can be drafted to allow a spouse or child to make decisions for you should you be unable to make them yourself.
A will is necessary to transfer your property. A properly drafted will can save court and bonding costs, and can insure property passes to those to whom you want it to pass.
A trust can do all those things, and can do it privately. In addition a trust that is properly funded avoids probate and can protect assets for your children and grandchildren.
Talk to us about your estate plan. Our 1/2 hour initial consultation for Estate Planning is always free.