By being proactive, you can control how and when your estate is managed, and by whom, while you are alive, and how it is distributed upon your death.
Just about everybody should have a Living Trust. Living Trusts provide for additional advantages over having a simple will. Probate avoidance, customization of distribution, and property management are just a few. Living Trusts also provide certain tax advantages. A comprehensive review with one of our estate planning specialists will give you the confidence to implement the appropriate estate plan that meets your needs, goals and objectives.
In addition, having the necessary and compliant Durable Power of Attorney for Property and Finance, as well as the important Health Care Power of Attorney are crucial elements to having the documents you need to protect you and your loved ones. A related document, the Living Will, specifies the types of life sustaining treatment you desire in the event you become incapacitated.
It is important to be aware that laws vary from state to state. A thorough consultation is necessary to determine which estate plan is best suited to your specific situation.