Estate planning lawyers deal with planning for the future and the inevitability of death, such as preparing wills, trust, and other estate planning documents governing your assets and specifying your wishes. Estate planning lawyers also assist clients with wealth management and asset protection, obtaining life insurance to pay for the costs of a funeral, and other matters.
The advice and direction of your estate planning attorney will be essential to implementing an estate plan that both disposes of your assets according to your wishes and meets your other personal objectives.
What Is Estate Planning?
Estate planning is a process to consider alternatives for, to think through, and to set up legally effective arrangements that would meet your specific wishes if something happens to you or those …
more
How Can I Reduce My Estate Tax Upon My Death?
Federal Estate Taxes are only charged against Estates with net values in excess of the amount set by the law in place at the time of the person's death. The values change from time to …
more
Are Conservators Paid?
Typically a conservatorship allows the conservator to be paid for his or her services. The conservator is also entitled to attorney fees to seek legal advice. In addition, the court will require a …
more
Power of Attorney, Durable Power of Attorney & Health Care Directives: What Is the Difference?
Every state allows competent adults to grant another person the power to be their “agent”, to act on their behalf. These powers generally fall under three different categories, each having different legal requirements. They are a Power of Attorney, a Durable Power of Attorney, and a Health Care Directive/Proxy. A power of attorney is a document which allows an agent to …
more
The Uniform Transfers to Minors Act: An Overview
The Uniform Gift to Minors Act (UGMA) and the Uniform Transfers to Minors Act (UTMA) provide a way for parents to maintain control over property that is owned by their children. The Uniform Transfers to Minors Act provide some unique advantages for families and should be considered by parents who are looking to transfer wealth to their minor children. Some of the advantages of the …
more