Estate planning is complicated, we help you make informed decisions for you and your family
Typical Options
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Wills
A will is a legal instrument that instructs the probate court on who you want your assets distributed to. While having your wishes spelled out is important, a will does not avoid probate costs. We will work with you to decide if a will or a trust is your best option based on your and your families needs.
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Trusts
A trust does avoid probate costs and directs how you want our assets (money, property) to be managed, including when people should receive any benefits as well as how they can be spent.
It’s crucial that you understand your options and the pros and cons of your different choices. We work with a team experienced in finance, tax and probate to help guide the process. Together we help you decide what is best for you and family.
Is it really that important to have these things planned in advance?
Yes! There are a number of things that good planning will address:
How your cash and property will be distributed once you pass. If you have minor children, you also need to address who will raise them and how they will be financially provided for. This is done through a will or a trust;
How to minimize taxes and fees;
How your financial matters are handled in the event you are unable to handle your finances, due to sickness or injury. This is done through a power of attorney;
Decision-making regarding your health care in the event you are incapacitated. This is done through a healthcare power of attorney;
Your intentions regarding your end-of-life treatment. This is done through a living will.