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Estate Planning
Estate planning is a process that, when completed, allows you to dispose of your assets according to your wishes. The core document associated with this process is often your will. Your goals and concerns, your assets and how they are owned and your family structure are all considerations in producing your will. A properly written and executed will offers protection of your assets, gives you security and peace of mind, helps provide for your loved ones, and limits the state's role as decision-maker.
There are many do-it-yourself advertisements for drafting your own will, but only a personal conference with a professional will ensure all your individual needs are met. You can save time and money by preparing for your meeting. Organize your information regarding assts, liability and title arrangements. Discuss your feelings about providing for various family members. Bring in any previous wills and copies of life insurance policies, employment benefits, prenuptial agreements or divorce decrees.
Death is not a pleasant topic and drawing up a will is often put to the bottom of the list time and time again. However, discussing these issues before you are in the midst of a family or health crisis can help remove a potential burden from your loved ones.
We can also provide you with Power of Attorney, Health Care Power of Attorney and a Living Will. A Power of Attorney and Health Care Power of Attorney let you assign decision-making responsibility to someone you trust, in the event you are no longer capable of decision-making. A Living Will outlines your choices for health care in the case of mental and/or physical incapacity.
Phone our office for your free consultation and put our experience to work for you.
If you are interested in doing further research on your own about estate planning, the AARP website lists several helpful articles on the subject.
The information on this website is not a substitute for legal advice. If you have questions or need further information as to how the law applies to your specific case, please phone our office at 423-634-2277 for your free consultation and put our experience to work for you.
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