Good estate planning allows you to provide for your loved ones when you die or if you become disabled. It should make it easy for your loved ones to manage your financial and personal affairs. It should give you peace of mind that your property will be distributed as you direct upon your death. It will ensure that your wishes are followed.
What is a Will?
A Will is a document that distributes your property after your death. You can also appoint guardians for your minor children in a Will. A Will must comply with strict legal formalities to be valid under state law and to be approved by the judge for probate.
What is a Trust?
A Trust maintains privacy about your property. Once a Trust is established, you are able to transfer property into the Trust, which will be managed by a trustee. You may appoint yourself as the trustee during your lifetime. The trustee holds legal title to the trust property for the benefit of the trust beneficiaries. You may be the primary beneficiary during your life, with other beneficiaries to follow upon your death. A Trust saves considerable time and money by allowing assets to pass directly to your beneficiaries and avoid probate.
What is a Pet Trust?
We can prepare a Pet Trust for the benefit of your animals. In the Pet Trust, you can say how your pets should be cared for so you have peace of mind now about their welfare after you die or become disabled.
What is a Power of Attorney for Health Care?
A Power of Attorney for Health Care allows you to appoint another person to make medical decisions on your behalf. It can be used any time you cannot or do not wish to make medical decisions for yourself.
What is a Living Will?
A Living Will states the medical procedures you do or do not want to be performed if you are not able to communicate your wishes to your medical providers. It may state whether you want CPR, breathing assistance (including intubation, a ventilator, or breathing medications), or other extraordinary life-saving measures.
What is a DNR?
Medical providers will give you CPR when you stop breathing or your heart stops. Only a Do Not Resuscitate Order (DNR) will tell doctors not to resuscitate you or your loved one.
What is a Power of Attorney for Property?
A Power of Attorney for Property allows you to appoint someone to manage your property and affairs as you direct.