Whether your estate is large or small, estate planning applies to you! You can and should communicate your wishes as to the disposition of your assets, plan and provide for those that matter to you, and even plan for the management of your estate should you become incapacitated. Make the most of your assets and plan for the efficient disposition of them.
GIFTING DURING LIFETIME
Planning can include gifting during lifetime. Making gifts during your lifetime may be a sensible and practical thing to do. Gifts may be made outright to a beneficiary or may be transferred to and managed under a trust.
You can plan for the competent management of your assets should you become incapacitated. You can name the person or entity to act on your behalf. Incapacity may be temporary or permanent, but either way, naming your agent will allow for the continued management of your estate in an orderly fashion.
You make clear where you want your assets to go, whether it is real property, or personal property such as cash, jewelry, artwork, furniture, or even a business that you own. You can make provisions for minor children and dependents that survive you. Planning can reduce conflict because you have left instructions.
Plans include simple wills and living trusts, dynasty trusts, charitable trusts, insurance trusts and irrevocable trusts all designed to carry out your wishes.
TRUST ADMINISTRATION AND PROBATE
Working with executors and trustees in probate and trust administration.