Estate Planning is about making difficult decisions now so that your loved ones are not forced to make them later. It is about protecting your family and your hard-earned assets. Despite the usefulness of having an estate plan, many people avoid proper estate planning because they do not like thinking about death. Unfortunately, without proper estate planning, the IRS stands to inherit a large portion of your assets. The good news is that it is not too late to write the IRS out of your will.
Some common items that may be included in an estate are:
- Real estate: Primary residence, vacation home, or rental property
- Personal property: Jewelry, artwork, and furniture
- Bank accounts: Checking, savings, and retirement accounts
- Investments: Stocks, bonds, and mutual funds
- Life insurance policies
- Business interests: Shares in a company or sole proprietorship
- Intellectual property: Patents, copyrights, and trademarks
- Digital assets: Online accounts, social media profiles, and cryptocurrency holdings.
Whatever the size of your estate, our Wills and Trusts Attorneys take the time to understand your needs and circumstances, explain the available options, and work closely with you to develop a plan that meets your goals with minimal tax implications. We have the knowledge to help you address even the most complex estate planning issues. Our skilled lawyers frequently work with experts across various disciplines, such as financial planners and tax accountants, to establish an effective plan to protect your assets.
Our areas of practice include:
- Business Succession
- Estate Administration & Probate
- Complex & Simple Wills
- Living Trusts
- Testamentary Trusts
- Trust Amendments
- Durable Powers of Attorney (POA)
- Living will & Healthcare POA
- Guardianships and Conservatorships