Our Attorneys Can Handle Probate Issues Involving Wills, Trusts, and Estate Planning. Call Us Today at 1-800-ATTORNEY and Let Us Explain How We Can Help!
There are a number of strategies involved in estate planning, including the preparation of a will, assigning powers of attorney, giving advance directives, setting up trusts, and a variety of other complex issues.
Our job is to ensure that these matters are handled correctly and adequately so that your family and loved ones are provided for in the best possible way. If you have questions regarding your situation, please call us today at 1-800-ATTORNEY (1-800-288-6763).
Wills and Trusts
When you create a will, it expresses to your survivors your final wishes for the distribution of your estate. A will becomes effective when you die, while a trust becomes effective as soon as it is created.
The purpose of a trust is to set aside funds or property for a predefined purpose, or for a minor child. Choosing the right estate planning attorney can help you make the right decision for your individual needs. Do not be afraid to ask questions; they’s why we’re here!
Advance Directives & Power of Attorney
Advance directives are more commonly referred to as living wills, and allow a person to make the decision beforehand regarding the type of healthcare they want if he or she should become unable to express those wishes because of illness or incapacity. Advance directives also remove the burden of others from having to make that difficult decision if and when the time should come.
Assigning a power of attorney allows an individual to appoint a trusted person to manage medical and financial affairs when he or she is unavailable or unable to do so. This is another area in which an estate planning attorney can be beneficial.
Administration of the Estate and Probate
The person responsible for estate administration essentially manages and distributes the deceased’s assets upon his or her death. The tasks involved in estate administration and probate are the responsibility of the executor or a personal representative the deceased named in the will. If there is no will, the court will assign an administrator of the estate.
The easiest way to define probate is to say it is the specific distribution manner of the estate. Some states require probate when the estate is worth more than a certain amount. If you don’t have an estate planning attorney, call us at 1-800-ATTORNEY to learn how we can help.
Estate planning is a very complicated process, but we’re here to help make it easy on you. Failing to handle your final affairs can lead to a financial nightmare for your family, but the good news is that there is help available. Call us today at 1-800-ATTORNEY.