Wills, Trusts, & Estates Law
Issues like who will receive your assets after your death, and when and how transfer of those assets will occur, is established by Comprehensive estate planning. The timing and nature of these “distributions” may be influenced by a number of issues, including:
- The ages of the beneficiaries
- The fiscal maturity of the beneficiaries (or lack thereof)
- The stability of the beneficiaries’ marriages
- The disabilities of any beneficiaries
- The need for a beneficiary to have protection from their own creditors
Additionally, comprehensive estate planning provides for yourself and your loved ones, in the event you become mentally incapacitated. It answers questions such as:
- Who will make the determination of whether or not you are “mentally incapacitated”?
- Who will make the financial and legal decisions for you if you cannot make them for yourself?
- Who will make your health care decisions under such circumstances?
- Who will have access to your protected medical records, so that they can make sound medical decisions for you?
Comprehensive estate planning is for one’s family and their future. Many people do not have any estate planning, therefore, the future of their family is uncertain and can be in danger.
We have thorough knowledge about the law regarding Comprehensive estate planning. Together, we can create and implement an estate plan that protects and provides for the individual and his/her family. Estate planning must be flexible enough to deal with life’s changes, no matter if those changes are personal or they are prompted by external circumstances.