Estate planning attorney as your partner and guide

 

Estate planning is a term that is all too often misunderstood and this can lead to needless heartache and complications for families. This is why one needs an estate planning attorney as a partner and guide. Some think that this type of legal planning is only for the wealthiest of families. Others underestimate this process. It is important to have an estate plan in place to avoid dying “intestate”. If one has not executed a will or a trust, which states how one wants their estate distributed, then you are said to have died intestate. Without an estate plan, property may end up in the hands of unintended beneficiaries or even the state and may be subject to unwanted fees, taxes, and probate costs.

 

While representing individuals, businesses and families, these professional attorneys aims to plan in a tax advantaged manner family business succession planning, the disposition or distribution of property upon death and the management of property in the event of incapacity. Estate planning attorney can  accomplish your needs through various methods including Wills, Children’s Trusts, Family Limited Partnerships and other split-interest trusts, as well as other estate planning vehicles and techniques including non-probate assets (i.e., insurance, IRAs, pension plans and jointly held property).