Contrary to popular belief, an estate plan is not only a plan for the future. It can be a plan for right now. Many of the financial and legal actions that must be taken to safeguard the interests of people you care about are best performed when you have enough time on your side. Our plans are designed to put you in the position of decision-maker and adhere to five principles:
(1) Protect the net value of your estate. We may help clients avoid probate, reduce estate and gift taxes, and make financial decisions for retirement.
(2) Sensible distribution. It probably isn't a good idea for somebody who has never handled money to suddenly inherit a small or large fortune. By creating a trust, you can control the how and when of an inheritance.
(3) Maintain privacy and confidentiality. Every lawyer has a duty of confidentiality. In addition, we may be able to prevent your finances from becoming a matter of public record by avoiding probate.
(4) Healthcare, healthcare, healthcare! Far too many people don't have a directive for healthcare, which means doctors and loved ones cannot make the right choices even if they desperately want to. We can also discuss life insurance options.
(5) Update when appropriate. Because relationships and financial situations, not to mention laws, can change, you should update your estate plan accordingly. We will inform our clients of major changes to the law so that we can make suitable adjustments to the plan.