The simple point of an Estate Plan is to preserve and protect your assets for the greatest benefit to those you wish to inherit them.
When I first meet with clients, I explain the estate planning process and how you and your family will benefit from setting up your very own estate plan. I ask many questions so that I may learn about what legacy you would like to leave - for example, who would you like to inherit your assets, who would you like to have guardianship over your child(ren), who would you like to manage your healthcare or finances should you become incapacitated, and how would you like to be remembered (ie: burial, cremation). I spend time truly getting to know you and your family so that together we may create a customized plan that best suits your particular families specific situation and desires.
Generally speaking, the creation of an Estate Plan includes the following:
Will (or Pour over Will) - works as a tool to puts any assets you acquire and don't have titled in the Trust - into your Trust following your passing.
Living Trust - can be changed as many times as you'd like during your lifetime as your circumstances change. A living trust works to lower any tax liability your estate may have as well as directing any specific gifts you may want to make following your passing.
Advanced Health Care Directive – outlines your personal wishes regarding medical treatment if you are incapacitated and appoints a person to make any healthcare decisions on your behalf if you are unable to do so.
Power of Attorney - provides for another person to conduct business or make financial decisions on your behalf if you are incapacitated or unable to do so.
Grant Deed(s) and accompanying documents - title your real property in the name of your Living Trust.
**Initial consultations are at no charge and I am always available to answer any questions you may have about Estate Planning in general or the process of setting up your Trust.