Estate Planning

Everyone has an “estate”. Your estate is anything that you own including your home, property, vehicles, bank accounts, life insurance, stocks, family heirlooms and much, much more. Many people believe that estate planning is only about deciding what happens to all the things that you own when you pass away. In reality, estate planning also includes deciding what happens to both you and your assets while you are still living. An effective and comprehensive estate plan will not only help you pass your assets on to your loved ones with the least amount of cost, but will also help you protect yourself and your assets should you become incapacitated during your lifetime.

EVERYONE should have an estate plan in place no matter how small or large their estate may be and each person’s plan should be unique to his or her situation and needs. Failing to plan for the future will lead to uncertainty and increased legal expenses.

Most people wait until they are older to start thinking about leaving an inheritance to their children. However, all families with young children, and especially children with disabilities, need to have a solid estate plan that uses delayed distribution trusts or special needs trusts to pass their assets on to their children safely.

Contact us today so that we can help you make your customized estate plan suited to your individual wants and needs.