Trusts & Estates
Our staff is dedicated to helping clients with the estate planning process. The two most common forms of estate documents are Trust and Wills. These documents have many advantages but they can have disadvantages and not all individuals require both.
A will is in essence a set of instructions for the allocation of your assets upon your death. The only way to ensure that those assets are distributed according to your wishes is to have a will. A will still requires a court proceeding after your death. In addition, if you have minor children you may designate a guardian in your will.
There are numerous types of trusts that may be established in order to achieve a variety of goals. We will discuss your needs and tell you the advantages and disadvantages of each type of trust. Our firm handles the creation of a variety of trusts, including a
- revocable trust
- irrevocable trust
- living trust
In addition to these documents we advise our clients to prepare a health care power of attorney and a financial power of attorney. These documents allow individuals to act on your behalf in case you are incapacitated and cannot handle your affairs. Failure to have these documents will require a court to appoint a guardian to handle your affairs until you get better or upon death. Even your spouse does not have access to all your accounts just because you are married. .
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