Estate planning is a two-sided coin:
||Guardianship, in which you plan for your physical and/or mental
||Probate, in which you plan for your death.
Planning for those circumstances can be a daunting task. Because an
asset of any kind can be owned in many ways, and life's circumstances
change, such as adoption, divorce, or death, any successful estate plan
must consider those different types of ownership and how they best
harmoniously work together to meet your goals. Our objective as your
estate planning attorney is to help you coordinate the ownership and
passing of your assets at the time of your death so that your goals are
met, including avoiding probate.
Certain documents are essential for even the smallest estate.
1) Last Will & Testament
2) Durable Power of Attorney
3) Health Care Power of Attorney
4) Living Will
Another document, the Revocable Living Trust, is also helpful to have.
Depending on how you hold title to your assets, a Revocable Living
Trust, while not guaranteeing you will avoid probate, helps maximize
your chances of doing so.
When preparing for a meeting with the estate planning attorney, bring
the above list of documents and the following if available:
5) All trusts and all amendments
6) Beneficiary designations from IRA’s, SEP-
IRA’s, Simple IRA’s, life
mortgage insurance, Payable on Death
7) Deeds showing title ownership of assets
(homes, automobile, motorcycle, boats)
Getting started is often the most
difficult hurdle to overcome in addressing your particular concerns. The
Firm’s questionnaire will help you get organized and prepared for the
meeting. If you would like to meet with Ms. Zeuli, please contact the
Firm to set up an appointment. The personnel at the Firm look forward to
helping you achieve your objectives in planning your estate, probating a
loved one’s or friend’s estate, or, as the case may be, resolving
conflicts among beneficiaries, heirs, and with other life and business