A solid estate plan will pass on your assets in a way that is consistent with your values and goals. Estate planning can also help you take care of your family in the event you are unable to do so yourself.
Some common goals of estate planning include:
If you become ill or disabled, the long-term health care expenses can rapidly deplete your retirement savings and all your other assets as well.
A solid estate plan takes these possibilities into consideration.
Your attorney will discuss the numerous strategies available for helping to reduce estate taxes and for transferring wealth to your heirs. In addition, using trusts in your estate plan may help you meet many of your estate planning goals.
An attorney can help you with the estate planning process and should work closely with you and your tax and financial advisors to implement the estate planning strategies that are consistent with your values and goals. Contact us to learn more.