Wills, Estates and Powers

Wills, Estates and Powers

 

Having your affairs in order can give you peace of mind.  Being prepared for unexpected circumstances can help assure you and your family that you have a plan for what to expect.  This plan should keep the reigns in your hands, rather than let a judge or a physician dispose with your life, health, and finances in an emergency, serious illness, or disability.

Our estate planning documents are surprisingly affordable and are customized to meet your individual needs and circumstances.  We can meet with you and discuss your needs confidentially.  You can review customized drafts of the requested documents for you in the comfort of your home.  We will address any questions before we arrange for the signing ceremony.

Will

A Will allows you to express your wishes and select the recipients of your assets, the timing and manner of transfer, the trusted person to make all asset transfers, and the person who will act as a guardian and care of your minor children.

Trust

A Trust can replace or supplement a Will to ensure a smooth and efficient transition of family assets. Trusts can help avoid the delay and expense of probate.  A Trust allows you to transfer property to someone who will manage that property for the benefit of your loved ones.  The trustee—the property manager —must act in the best interests of the beneficiary—the recipient —when dealing with the trust property.  A revocable living trust permits the grantor—the transferor—to retain lifetime control over the property while.  Trusts are also frequently created for the benefit of minor children.

General Power of Attorney

With a Power of Attorney, you can authorize someone you trust to take actions for you, in our out of your presence.  You can delegate specific powers that can be as comprehensive as management of all your property and finances or as specific as the signing and delivery of only one document.  We can assist you with selecting what powers to give your trusted person and will explain the associated rights and responsibilities.  You can make changes at any time by selecting another person or terminating the Power of Attorney by properly revoking it.

Health Care Power of Attorney

With a Health Care Power of Attorney, you can authorize someone you trust to make decisions about your medical care if illness or injury lead you to become unconscious or otherwise unable to communicate your decisions.  This document can be there for you to permit a person of trust to speak for you and safeguard your medical care wishes.

Living Will (Advance Health Care Directive)

A Living Will instructs medical personnel on the kind of health care you would like to receive should you become unable to speak or otherwise communicate.  A Living Will can authorize a physician to withhold medical treatment and life sustaining measures or can indicate your intent to live regardless of your medical condition.  It does not authorize a specific person to make decisions about your medical care for you, but allows you to speak for yourself in the direst of circumstances.

Estate Administration (Probate)

An estate includes all of the property that person owns at the time of death.  Estate administration is the process by which a representative of the deceased reviews, inventories, and distributes the property to the deceased person’s heirs, beneficiaries and creditors according to the person’s will and state law, or distribution rules under state law if the person has no will.