Estate Planning

Many people believe that estate planning is only for people who are particularly wealthy, have elaborate schemes in mind for passing their money to their heirs, or for people who are acutely ill and contemplating their death. This could not be farther from the truth!

Estate planning is for every husband, wife, mother, father, grandparent, business owner, professional, or anyone else who has someone they care about, are concerned about providing responsibly for their own well being and for the well being of those they love, and for anyone who seeks to make a difference in the lives of others after they’re gone. Estate planning is not ‘death planning’; it’s ‘life planning’, and an essential and rewarding process for individuals and families who engage in it.

When done properly, estate planning requires that a highly trained individual lead you through one or more in-depth meetings to uncover your hopes, fears, and expectations for yourself and for those who are most important to you. This process almost always requires the preparation of several sophisticated legal documents, but those documents themselves are not ‘estate planning.’ Planning is a process, represented by a complete strategy that is properly documented and maintained by a professional who has taken the time to get to know you, and who is committed to continuing to serve you.
The firm’s services include the drafting of:

  • Health Care Powers of Attorney/Health Care Proxies; which include HIPAA releases.
  • Living Wills and Do Not Resuscitate Orders;
  • Durable (Financial) Powers of Attorney;
  • Last Will and Testament and Pour-Over Wills that work with Trusts.
  • Revocable Living Trusts
  • Trusts to reduce or eliminate estate taxes;
  • Irrevocable Trusts to protect assets from long term care and nursing home costs;
  • Special needs trusts;
  • Spendthrift Trust;
  • Domestic Asset Protection Trusts;
  • Life Estates;
  • Camp Trusts or Family Property Trusts to keep homes in the family over generations;
  • Qualified Personal Residence Trusts (QPRT’s);
  • Grantor retained Annuity Trusts (GRAT’s);
  • Irrevocable Life Insurance Trusts (ILIT’s);
  • Charitable Remainder Trusts (CRT’s), including Charitable Remainder Annuity Trusts and Charitable Remainder Unitrusts;
  • Charitable Lead Trusts (CLT’s);
  • Sales to Intentionally Defective Grantor Trusts;
  • Family Limited Partnerships and Family Limited Liability Companies.

A Simple Revocable Trust Structure Should not Change the Way You Live Your Life

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