Estate plans are essential, they
- Allow you to plan for you and your loved ones without giving up control of your assets
- Enables you to decide who will inherit what, and at what time of their live
- Prevent family conflict
- Can prevent the costly and time-consuming probate process
- Allows you to make decisions on who will care for your minor children
- Reduces income, gift, estate and generation skipping taxes
- Provides quick distribution of assets to loved ones, as quickly as 120 days
- Gives you the ability to make decisions on who will care for you and make decisions on your behalf in the event of an accident or illness (Power of Attorney)
- Eases management of financial and legal affairs after passing
We recommend you have four critical documents in place
- Last Will and Testament
- Durable Power of Attorney
- Designation of Health Care Surrogate
- Living Will
Structured Settlement Transfers