Estate planning is the process of anticipating and arranging for the disposal of an estate during your life. Estate planning typically attempts to eliminate uncertainties over the administration of a probate and maximize the estate's value by reducing taxes and other expenses. Guardians are often designated for minor children and beneficiaries in incapacity.
Bottom line: If you own something of value that you would pass on to someone else upon your death, you have an estate.
An estate plan has several elements that we can help you with:
- Living Will
- Simple Living Trusts
- Health Care POA
- Financial POA