Proper estate planning is about protecting you and your family.
If you do not have a will which accurately states how your estate should be administered, and how your children should be cared for, then you have not properly prepared for your family’s future.
A will only affects property owned by a person individually and so long as that property does not transfer automatically to another individual by operation of law. Thus, if you own property with another as joint tenants or joint owners with rights of survivorship, or if property has a specific beneficiary designation (as with life insurance), your will will have no effect upon the disposition of that property.
Some people, once they understand that jointly owned property, (or property held in trust), passes without regard to the terms of a will, believe that they do not need a will if all of their property is jointly owned or held in trust. However, there are many reasons why having all of your property owned jointly, or in trust, may not be an appropriate way to plan your estate and protect your family.
Individuals rarely want to think about what will happen when they die or become disabled. It is unpleasant by nature, and we often put it off. However, with an appropriate estate plan you can properly provide for yourself and your loved ones, and minimize the inevitable consequences and trauma that accompanies a death or disability.
Our estate planning services include:
- Revocable Trusts
- Irrevocable Trusts
- Living Wills
- Health Care Proxies
- Durable Powers of Attorney
- Trust Administration
- Probate and Estate Administration