“It can be difficult to think about issues related to our death, and it's understandable why so many people put off completing their estate plan. What’s more difficult to think, however, is that the State already has a plan for you, and the State will decide who gets your kids, your property, and everything you've worked so hard for, and it’s done without an ounce of emotion.”
It’s a common misbelief that estate planning is something only wealthy people need. Every individual needs to plan for the distribution and protection of their estate, regardless of whether their property is highly valued. Fundamentally, estate planning is the process of establishing a set of clear instructions on how you wish your property to be managed, both during life and upon your death, and it’s critical that these instructions are made available to help others understand how you wish to be cared for should you become impaired, and how you wish your assets to be distributed upon your passing.
It’s important to understand that estate planning doesn’t end with a last will and testament. Estate planning is a dynamic approach that involves more than just the distribution of your assets, and much of what we discuss are your desires for your personal care and financial management in the event of your impairment during life, your desires to care for your minor children in the event of an untimely death, and how you wish your legacy to be written.
In conjunction with specialized attorneys and tax planners, we utilize specific estate planning vehicles, such as wills, revocable and irrevocable trusts, life insurance, powers of attorney, and guardianship designations to ensure the requirements of a sound estate plan are implemented. A thorough estate plan doesn’t have to be intimidating, and we'll be with you every step of the way to ensure the plan is properly implemented.