Legacy Planning

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Legacy Planning Services

For those who want to reduce risk, get organized, and reduce anxiety, our Legacy Planning services are the solution you need. We will make the conversation as easy as possible, and help you create the plan you want we will walk you through the process and explain each step.

Planning for life after death is very important, but there are some things that can and should be done while we are still living. When thinking about estate planning, it’s important to also think about what happens if you are injured or are no longer able to take care of yourself.

What is Estate Planning?

Estate Planning is the action of arranging a person’s life before their death. This minimizes the effects of gift, estate, generation skipping transfer, and income tax. The size of your estate, or assets, will determine the level of detail needed for your plan.

Advanced Medical Directive

Advanced Medical Directive written instructions for how your health care will be handled when you are no longer able to make decisions for yourself.

Legacy Planning

Legacy Planning Services
Power of Attorney (use with caution)

Written consent that can be given to a person so that they have the authority to act on another person’s behalf regarding private affairs, business, or other legal matters.

Will

A written legal document that addresses what you want to happen when you die, who will care for your minor children, property, money, miscellaneous belongings, etc. To obtain a Will, you must be at least 18 years old and have the capacity to enter a contract. To be valid the Will must be signed, and most states require two witnesses.

Trusts

A trust is a legal relationship by which one person or entity holds title to property for the benefit of another person or entity. In most trust relationships, the terms of the trust are set out in a written document called a trust instrument. Trusts are set up for many purposes. Except for testamentary trusts, most trust instruments are not filed with a court.

Testamentary trusts are trusts written into wills. Testamentary trusts often provide for property management of a child’s inheritance until the child reaches a certain age and sometimes also provide for children or adults with disabilities who may lose government need-based benefits if they own property in excess of certain amounts.

Types
  • Inter vivos (living) trust
  • Testamentary trust
  • Avoid probate
  • Disability Planning
  • Asset Protection
  • Timed Dispositions
Our Services

Our Legacy Planning services include:

  • Wills
  • Power of Attorney
  • Advanced Medical Directives
  • Business Succession Planning
  • Trusts

Legacy Plan Packages include:

  • Initial Consultation to determine needs and best package
  • Meeting after documents created to ensure client’s wishes and intent have been captured
  • Document execution
  • Option to register Will with county Register of Wills office
  • Completed Estate Plan Portfolio
  • Electronic copy kept on file with firm
  • 3-year review of plan
Legacy Planning services