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Determining how you want your assets divided among your loved ones and determining whom you wish to care for your minor children can cause stress and anxiety. Each estate plan varies from individual-to-individual or couple-to-couple. A skilled attorney can help ease that stress by discussing all estate planning options that are available to you and the pros and cons of each of the estate planning options.

Some of the critical life decisions that you can include in your estate plan are:

  • Whom you want to care for your minor children;

  • How you want your assets divided;

  • Whom you want to oversee the administration of your estate; and

  • How you want health care decisions to be made on your behalf if you are incapable of making them yourself and whom you want to make those decisions

 

Estate planning has many advantages, including minimizing tax burdens, controlling the disposition of valuable assets and family businesses, and discouraging family disputes and litigation. An estate planning attorney can give critical guidance while tailoring your estate plan to your needs and wishes.

 

No one wants to have to examine many of the details that an estate plan bears. However, once you complete the process, you will enjoy the peace of mind that comes with having these essential life determinations in place. An estate plan often includes one or more of the following instruments or procedures:
  • Wills

  • Trusts

  • Living wills

  • Medical directive

  • Power of attorney

  • Health care power of attorney

  • Revocable trusts

  • Irrevocable trusts

  • Special needs trusts

  • Charitable trusts

  • Estate administration

  • Trust administration

  • Business succession plans

Estate planning often is a simple process. For some, however, there are complex factors that make it more time-consuming and require careful attention from an experienced estate planning attorney. Whether your estate planning is simple or complex, you should contact David to schedule a free consultation.  

 

David will tailor your estate plan to your specific requests, needs, and circumstances. Contact David to schedule a free consultation.