Estate Planning - Wills and Trust
One of the most important aspects of safeguarding our assets is to plan for the future; a plan not only for ourselves,but for the ones we love. Estate planning gives you the power to decide how your assets and wealth will be cared
for and distributed after you leave this earth. If you wait until it is too late, you run the risk that your intended beneficiaries, those you love the most, may not receive what you would want them to, whether due to extra
administration costs, unnecessary taxes or even a dispute among heirs.
This is why estate planning is so important, no matter how small your estate may be. It allows you, while you are
still living, to ensure that your property will go to the people you want, in the way and time you want it to.
It permits you to save as much as possible on taxes, court costs and attorneys' fees; and it affords you the comfort
that your loved ones would not be overwhelmed and burdened by unnecessary red tape and financial confusion.
All estate plans should include, at minimum, two important estate planning instruments a durable power
of attorney and a will:
The first is for managing your property during your life, in case you are ever unable to do so yourself.
The second is for the management and distribution of your property after death. In addition, more and more
people are also using revocable (or "living") trusts to avoid probate and to manage their estates both during
their lives and after they're gone. Note that each instrument has its own benefits based on your assets and
their values.
The attorneys at Keosian Law Group have the expertise and knowledge to guide you through this sensitive
and at times emotional process. Don’t delay, contact us for a free consultation.