Wills, Trusts, Powers of Attorney, Advanced Directives
Commonly avoided and too often overlooked, estate planning refers to the preparation of four main documents: Wills, Trusts, Durable Powers of Attorney for finances, and Advance Directives for health care. Preparing a will or a trust is an absolutely essential part of protecting your assets and your family’s future. With a will and/or a trust in place, you can avoid all unnecessary tax, possibly avoid probate and create an effective plan for distribution of your assets upon your death. You can also ensure that your children, spouse and other family members will be adequately cared for. When properly drafted, a customized Estate Plan has the power to offer protection and peace of mind throughout your life and in the event of your death. Regardless of your age or family situation, a comprehensive and well-drafted Estate Plan will allocate distribution of your assets, name those responsible for managing your finances, and name those to attend to your medical needs in the event you are unable to manage these important decisions on your own.
If you are concerned about protecting your assets and your loved ones in the event of your death, the Ashland, Oregon law office of Good, Bucy, Elson & Drescher can help you. We will work with you to create a plan (often called an “Estate Plan”) that makes sense for you and your family, whether that is a simple will or a complex estate plan with a Living Trust. We will help you determine if it makes sense for you to have documents like an advance directive or a power of attorney to arrange for someone you know and trust to make medical and financial decisions in the event of your serious illness or incapacity. Peace of mind comes when you are prepared for the future.
Estate Plans should be reviewed annually to remain effective. As families and finances change, it is important to adjust Estate Plans accordingly to provide optimal protection. If you already have an Estate Plan in place, we are available to review it to ensure it meets your needs.
Estate planning documents we can create for you include:
- Trusts for Minors
- Living Trusts
- Pourover Wills
- Powers of Attorney
- Advance Directives
Planning for your estate can be hard to think about and easy to put off, but it is a vital part of protecting your assets and your family. If you would like to have the peace of mind you and your family deserve, please contact the office of Good, Bucy, Elson & Drescher in Ashland, Oregon and set up an estate planning appointment today.
A primer on estate planning: “Estate Planning 101” by Robert Good
Contesting a Will or Trust
You may have questions or concerns about how someone is managing a probate or trust. You may be an excluded beneficiary who wonders if you need to litigate to obtain your rightful portion of an estate. Or you may believe a personal representative is attempting to distribute estate assets in a way that violates the terms of a will. Regardless of the situation, a dispute over an estate can be highly emotional and difficult.
We understand the stress and frustration involved when you have to decide whether to contest a will, a trust or the appointment of a fiduciary. We know how upsetting it can be when you move forward with litigation against family members and close friends. At the law office of Good, Bucy, Elson & Drescher we work compassionately with our clients and aggressively represent their interests throughout the process of a will contest or probate litigation.