Get Started with Estate Planning
Estate planning is an important process if you a say in how your money and other property are dispersed upon your death. It is more than the drafting of a will. It is a comprehensive approach that should allow to manage your property, your health and secure your family's future. A well-drafted estate plan should allow you manage your affairs and property well while you are alive, and ensure your wishes are followed after your death.
If you are ready to discuss your planning needs, we would be honored to help. If you have an existing plan, we would be happy to review that plan to make sure it still works for you given your current health and financial circumstances.
Please contact us today at (757) 222-5842 to schedule an initial consultation to discuss your legal matters. We look forward to hearing from you!
Key Estate Planning Documents
Wills, trusts, advance medical directives, and powers of attorney are the primary estate planning documents you need to understand and put into place as soon as possible.
Will
A will instructs how to divide up assets, debt, personal property, and more. A will can cover all of your estate planning needs however, if you wish to avoid court and keep your affairs private, a living trust may be the best option.
Living Trust
A living trust takes effect at the moment it is enacted. Planning with a living trust provides the advantage of avoiding probate court, keeping all of your information private, and managing your assets should you become disabled.
Advance Medical Directive
An advance medical directive is also designed to take effect during your lifetime. This directive stipulates your end-of-life wishes as well as what should happen if you become incapacitated and unable to make decisions about your medical care.
Power of Attorney
A power of attorney covers who will make decisions for you if you are unable to. You can specify more than one agent, and you can be very specific about what that agent can do on your behalf.
