| If
you are an individual or couple with children
under the age of 18, some of the common questions
and considerations you may consider addressing
in putting together or updating an estate plan
include:
- Providing for
the care of your children if you are unable,
including specifying:
- Who will become the guardian for your
children
- Who will manage your children’s
financial assets
- At what age and under what circumstances
will your children assume control over their
estate
- Planning for
unexpected incapacity through a health care
proxy and durable power of attorney including
specifying:
- Who will manage your bank accounts and
other property
- Who will make medical care decisions
if you are unable
- What type of care you would like to receive
under certain circumstances
- If the value
of your assets (including real estate and any
potential life insurance proceeds) is of sufficient
size, you should consider planning strategies
that allow you to:
- Optimize utilization of estate tax deductions
and exemptions for married couples
- Deferring or avoiding payment of state
and federal estate taxes
- Avoid the time and expense associated
with probating an estate
- Optimize gifts to children form their
grandparents
Free Initial Consultation
To schedule a free initial consultation please
visit our Appointment page.
Weekend appointments and home visits are possible.
|