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 law office of Good, Bucy & Elson 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.
