The estate planning lawyers at Bronson Jones & Company LLP will talk to you about your assets and estate planning wishes, and then create an estate plan that achieves your specific goals in a way that is most advantageous from a tax perspective and best shelters your assets from those who would prefer to see your assets distributed differently.
Estate planning documents typically include:
A Will to ensure that your estate is distributed in accordance with your wishes, and perhaps to outline directives for who will care for minor children;
A Power of Attorney in which a trusted person is provided legal authority to handle your financial and legal affairs in the event of mental incapacity;
A Representation Agreement in which a trusted person is provided legal authority to make decisions regarding your medical care in the event of mental incapacity;
Advanced Directives in which written instructions are provided about the types of health care that you do or do not wish to receive in the future if you become incapable of expressing your wishes;
A Living Will which expresses your wishes to die naturally without artificially prolonging the process (if that is indeed your wish), so your loved ones are not burdened with this very difficult decision; and
Trust Agreements in which property is transferred outside of a Will. Advantages include the ability to circumvent the probate process and its associated costs and delays, enhanced protection for those who are disabled, increased confidentiality, enhanced asset protection from creditors and Wills variation claims, and flexibility in determining the method of future wealth distributions.
With our assistance, you can take comfort in knowing that you will be creating wealth in a manner that is the most advantageous from a tax perspective and in a way that best grows your assets for the benefit of your intended beneficiaries. Your decisions about how you wish to distribute your assets will also be insulated from those who would prefer for your assets to be distributed differently.
The Wills & Estates lawyers at Bronson Jones & Company LLP can help you develop an estate plan tailored to your specific situation and wishes.