Customized strategies for protecting and passing on your wealth
We work closely with our clients to prepare individualized and comprehensive estate plans that meet their needs and protect their loved ones and their estates in case of death or incapacity.
Estate planning is a process which involves: (1) planning for the efficient use, conservation, management, and disposition of your property during your lifetime and after your death; and (2) planning for you and your dependent(s) (i.e. minor children) personal care and healthcare in the event that you are no longer able to provide for such care.
Every estate plan is different. We first get to know our clients and understand their goals and priorities given their specific family situation. We look at not only the net value of the assets in the estate but also at the types of assets. With an overall understanding of the client’s personal and financial situation, we prepare estate planning documents that would best fit their needs.
Estate planning encompasses much more than just preparing a will. Estate planning may involve financial, tax, medical, and business planning as well as the preparation of a will. Your estate plan represents a conscious decision on your part to take care of you and your family’s needs and to protect your wealth during your lifetime and after death. The form of your estate plan will depend on your particular circumstances.
A common misconception is that if your estate is “small” you do not need an estate plan. Even though, you believe that your estate is “small” or you are single and have no children, you still need an estate plan to determine who you would like to inherit your property at death and who will take care of your healthcare and financial needs in case of your incapacity.
An estate plan is an ongoing process and as you accumulate assets and there are other changes in your life, your estate planning needs will change.
Contact us to schedule a complimentary consultation about your estate planning needs.