Estate Planning is for you!
At a minimum, a competent estate planning lawyer will create a Last Will and Testament, a Financial Power of Attorney, a Healthcare Power of Attorney, and a Living Will to protect you and your loved ones. Often, however, for one or more reasons, asset protection through either living trusts, testamentary trusts, or a combination, is necessary. Divorce, illness, and law suits are just a few of the common occurrences that make asset protection vital. Additionally, a living trust alone, when properly drafted and fully funded, avoids the costs, delays, and indignities of a Succession proceeding.
Estate planning is an often misunderstood term. Put simply, it describes the process of getting one’s affairs in order. Comprehensive estate planning is life and death planning – it takes in to account both the certainty of death and the uncertainty of life. To best protect you, your loved ones, and all that you’ve worked your whole life for, speak to an estate planning specialist, parse through your needs and your wants, and then cement in place your wishes.