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Estate Planning
Your “estate” is everything you own in the world. Estate Planning has four parts: (1) Earn it; (2) Save some of it; (3) Enjoy some of it; and (4) Distribute the balance upon your death to your beneficiaries.
But, Estate Planning is more. You need also to plan for that eventual time when you pass away and your loved ones must make difficult choices at a time when they are least emotionally able to do so. For example, cremation or burial, funeral and other arrangments. You can relieve them of this by doing some planning called Pre-Need.
Estate and Trust Law encompasses such areas as probate, guardianship, conservatorship, litigation involving estates and wills, and, of course, trusts.
Estate Planning examines your options, and creates a plan you select to best meet your needs. The plan will encompass life planning as well as after death planning.
Estate Planning is the way to have peace of mind now and leave you free to enjoy each day to the fullest. You have only two choices: (l) To plan or (2) not to plan. You have heard that nothing is certain except death and taxes. There is a good reason for this famous saying.
Responsible people have a duty to their loved ones. That duty is to contemplate the effect one's death or incapacity will have upon everyone in the family --- both financially and psychologically.
If you love your family, you should avoid shifting your decisions to your family at a time when they are distressed.
The purpose of estate planning is to do just that.
Packages
A properly done estate plan will include not only a document such as a Will or Trust, but also such documents as a Financial Durable Power of Attorney, Health Care Durable Power of Attorney, Mental Health Power of Attorney, Directive to Physicians, HIPAA Release, Memorandum of Community Property, and private document of your Statement of Wishes.
We provide these documents either as a "package" or individually as required by the requirements of the situation of the client.
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