Estate planning involves much more than simply drafting a Will. The main purpose behind an Estate Plan is to help you examine your financial needs and assets to pass your wealth on to your heirs efficiently and privately.  Thus, an Estate Plan should not only provide guidance for your loved ones under various circumstances (including those in which you are no longer able to make decisions for yourself) but also include clear directions on how you wish to distribute your property.
In some circumstances, a "traditional" approach (for example, a Will, General Durable Power of Attorney, Healthcare Directive and a Living Will) may be enough.  However, if you have significant wealth, minor children, elderly parents or children from a prior marriage, a "traditional" approach may not be the best solution.
Our Law Offices will build a comprehensive and tax-sensitive plan for you to accomplish your desires to transfer your assets and/or protect your loved ones.  Whether you need a less complicated Will or a complex Trust, our Law Offices can help you integrate your personal, tax and business objectives.
Below are some of Estate Planning documents that we prepare:
Will: a will is a document directing the distribution of real and personal assets upon your death. While a Will tells loved ones how you would like property distributed to heirs, it can also appoint trustees, guardians for minor children, and the personal representative of your estate.
Living Will: a living will allows you to specify your instructions to withhold or withdraw of life sustaining procedures if you become terminally ill and can no longer communicate your intentions.
Healthcare Directive / Advance Directive: this document allows you to appoint another person with the authority to make health care decisions in the event you are unable to do so.
Power of Attorney: a Power of Attorney is a document you can use to appoint another person to act on your behalf and make decisions which you have permitted them to make. A power of attorney often grants the individual to manage your financial affairs and other tasks, such as paying your bills.   It is especially crucial to have a properly executed Power of Attorney in event of mental or physical incapacity.
Trust: a trust is an agreement under which money or other assets are held and managed by one person for the benefit of another.  Obviously, depending on your goal, you may
Durable Power of Attorney:  This document allows you to appoint another person with authority to manage and handle your financial affairs. This form can be drafted to take effect immediately or to take effect at some future time-generally upon the disability of the principal.