Estate Planning And Asset Protection
Your estate is a product of years of your hard work. We dedicate considerable time to design plans that are tailored to meet your specific needs. I work with you to create estate plans that allow you to pass on property according to your wishes, protect family members, avoid probate and also minimizes the tax burden for your beneficiaries.
Estate planning is more than drafting a will or a trust. Estate planning involves a careful review of your assets and property. We also take your health into consideration so that we are able to plan in case your health deteriorates before death. It is also important to review your assets for potential risks and protect against liabilities.
It is important to create your estate plan early and review all of your documents as well as your assets from time to time. While it is understandable that the event of death is a topic that you may wish to avoid, the careful planning of your estate is important. An estate plan consists of one or more documents that set forth instructions. These documents are used to control health care decisions, control over your property if you have lost capacity and control the distribution of property in the event of your death.
The best time to start an estate plan is now while you still have the capacity to do so. Not having an estate plan or poor estate planning can be costly financially and can lead to unnecessary strain between surviving family members. Estate planning is an opportunity to diminish these costs. It is an opportunity to help preserve your family’s inheritance and reduce your loved ones’ emotional strain.
Benefits of an estate plan:
- Enables you to protect your assets;
- Enables you to avoid probate for the smooth transition of your assets;
- Prevents your assets from being tied up in court or being fought over;
- Prevents a conservatorship or guardianship proceeding;
- Shields your estate and heirs from taxes;
- Provides for your loved ones and charities; and
- Maintains stability of the operations and ownership of a family business
Please schedule your 15 minute phone consultation by clicking here.