ESTATE PLANNING ATTORNEY & ESTATE PLANNING SERVICES

No matter the size of your estate, one thing is certain when you die: you can’t take anything with you.  For this reason, you need to provide instructions to ensure that your estate is distributed to the people and organizations most important to you. Working with an experienced estate planning attorney ensures your estate planning wishes are legally protected. In addition to directing the distribution of your estate, a comprehensive estate planning strategy created with an estate planning lawyer should also:

• Provide instructions for your financial and medical care if you become incapacitated as part of your estate planning services

• Name a guardian for minor children

• Impart your values to your descendants

• Provide for family members with special needs

• Provide your beneficiaries with asset protection from creditors, divorce, and lawsuits

• Include provisions for children who are spendthrifts or struggle with addiction

• Address business succession planning at disability and death through a structured estate plan

COMMON ESTATE PLANNING MYTHS

"I don't have many assets. I don't need an estate plan." Estate planning is important for everyone, regardless of the size of their estate. Working with an estate planning attorney helps ensure your plan is legally sound and tailored to your family's needs. Anyone with an estate should have a plan in place to address what happens at incapacity and at death. An estate plan will provide peace of mind for you and your loved ones.

 “Why do I care what happens with my estate when I die. I’ll be gone.” Too many families are torn apart after a parent dies because no planning was done. One of the most thoughtful things you can do for your loved ones is to have a plan in place that will ensure a smooth administration of your estate. Fights between kids can be eliminated by having clear instructions about the distribution of your estate.

"Estate planning is too expensive." If you don’t think you can afford a complex estate plan now, start with what you can afford. For a young family or single adult, that may mean a will and powers of attorney for your assets and health care decisions. Then, let your planning develop and expand as your needs change and your financial situation improves.

"It can't be that hard. I'll just do it myself." Google the phrase "do-it-yourself estate plan" and you'll see pages and pages of sites offering legal forms. These free or low-cost options are an attractive alternative to the fees that an attorney will charge. Keep in mind however, that these non-lawyer alternatives are merely providing you with a one-size-fits-all document. Legally, they can't and won't offer any type of legal advice. Additionally, they won't guarantee a particular result.

When you hire an experienced estate planning attorney or estate planning law firm to create your estate plan, you're not just paying for a book of legal documents; you're paying for years of legal training and experience. An attorney will raise issues and point out opportunities you would likely never think of. 

"I'll do it when I get older." Estate planning is something that most people know they need do, but it sits at the bottom of their to-do list. I've yet to meet a person who knows if and when they'll become incapacitated, or when they'll die. The time to get your estate plan in place is now.

These tools help structure estate planning trusts that protect assets and provide long-term financial security.

Custom-tailored estate planning services from an experienced estate planning attorney may include the following:

• Wills

• Testamentary trusts

• Revocable trusts

• Irrevocable trusts

• IRA inheritance trusts

• Special needs trusts

• Medicaid asset protection trusts (MAPT)

• Financial powers of attorney

• Medical powers of attorney and appointments of health care representatives

• Living wills

• HIPAA medical authorizations

• Medicaid planning and qualification for long-term care Medicaid benefits

• VA benefits planning

• Probate

• Trust administration

• Business planning