Estate Planning
Our Clients:
Young couples with children (30+)
Seniors
Individuals with various assets
High net worth individuals
Individuals with early stages of incognitivity or medical issues
Why is Estate Planning Important?
Every adult should have their estate planning documents prepared in case of accident or death. Whether you are 25, 35, or 65 years old, it is necessary to consider estate planning to reduce financial and emotional hardships for your family in the future. In estate planning, you prepare for the worst, not for the best. Estate planning brings clarity and direction regarding your wishes to your family and loved ones.
Three essential documents that play unique and critical roles:
1 Will;
2 Enduring Power of Attorney; and
3 Personal Directive.
Everyone knows about a Will. However, we highly recommend that you to obtain an Enduring Power of Attorney and Personal Directive at the same time as you have your Will prepared. Having a lawyer prepare and draft your estate documents gives you and your family the peace of mind for whatever happens. Failing to prepare your estate can be costly. Without estate planning, it places you and your family at risk of unnecessary hardships such as:
Increased taxes
Family disputes/arguments
Estate litigation
Expensive cost of estate administration
Improper usage or mishandling of the deceased's assets or funds for beneficiaries
Mishandling of trust funds or assets for minors
Guardianship issues
Financial loss or damage to business
By providing guidance and support throughout the process, estate administration services can help to ease the burden on families and ensure a smooth transition of assets.