Wills and Trusts are the building blocks of an estate plan, a plan to preserve your assets and provide for your loved ones in the event of your death. A will is a legal document by which you can determine how your property passes at your death. A trust is a legal instrument by which property is held, by a trustee, for the benefit of another. Many different types of trusts can be established, and we can provide advice as to which may be right for you and your family. Trusts are not just for the wealthy. Many individuals and small business owners may wish to establish a trust to experience the following advantages:
- Avoid probate court
- Protect your assets from creditor intervention
- Minimize estate taxes
- Protect and manage assets if you become disabled
- Distribute assets to your family in the event of your death
- Manage your business in the event of your dealth or if you become disabled
- Provide for the care of a special needs individual
- Direct the flow of charitable contributions after one’s death
Our attorneys can provide necessary counsel to help you create a will or trust. We understand the sensitive nature of discussing your needs, and take time to understand your goals for your family, charitable organizations, and other causes. We pride ourselves in handling legal matters for clients in a caring and professional manner.
We can also assist you in updating an existing will or trust. Clients often wish to update their will or trust if a birth, adoption, death, marriage or remarriage, divorce, or other personal change occurs in their family. We help you navigate relevant estate and tax laws to ensure the updated will or trust provisions are enforceable and taxed appropriately when the time comes.
Our experience in estate planning, guardianship and special needs law, tax, and real property law equips our team to handle even the most complex wills and trusts. We can also advise personal representatives in administering wills and estates, and advise trustees in the management of a trust.
We can meet your needs through the following services:
- Formation of Wills
- Will Contests / Codicils
- Living Trusts
- Trust Planning
- Trust Litigation
- Designation of Beneficiaries
- Guardianships and Conservatorships
- Special Needs Trusts and Wills
- Healthcare Power of Attorney
- Financial Durable Power of Attorney
- Complex Estate Planning
- Estate Administration
- Council and advise personal representatives and trustees
- Formation of charitable organizations
- Charitable giving
- Buy-Sell Agreement for your business
- Estate taxation
Wills and Trusts Team:
Will and Trust Resources:
- AARP – 10 Things You Should Know About Writing A Will
- AARP Advance Directives: Creating a Living Will and Healthcare Power of Attorney
- AARP Information on Wills, Trusts, and Gift Planning
- National Committee on Planned Giving
- CNN Money – Why Do I Need A Will?
- CNN Money – Living Wills and Health-care Proxies
- CNN Money – Does a Trust Make Sense?