Wills And Trusts
Comprehensive Assistance With Wills And Trusts
Every person should prepare a will. Estate Planning will provide you with tools for tax reduction, and simplifying or avoiding probate. At the very least, you should have a will that states how you want your property distributed to beneficiaries and a document that makes your wishes known with regard to your medical care should you become terminally ill, or a living will.Many people think that they don't have enough property to justify a will, or that they are too young to need a living will. The truth is that there is nothing certain about the future and having a sound estate plan in place can make things much easier on your family if you should pass on unexpectedly.
Depending on your circumstances, a more sophisticated estate plan than a simple will and health care directives may be appropriate. An experienced estate planning lawyer can help you determine the best solution for your particular needs. We provide comprehensive estate planning services designed to accommodate your specific needs and goals.
Creating A Trust To Benefit Your Loved Ones
A trust is a way for you to identify property to be held for individual beneficiaries. There are usually specific rules associated with the trust including who the trustee will be, how the property will be used or invested until it is distributed, when and how the property will be distributed and other considerations. Trusts can also be a good way to avoid probate and estate taxes. We will work with you to determine which type of trust would be a good option for your situation.Attorneys Beth Fanous and Victoria Spellman have extensive experience in all areas of estate planning including probate, tax preparation, wills, trusts, and more. They also have a broad background in business law, including transferral of family businesses ownership. They provide simple, easy to understand estate plans that achieve clients' goals and save money on taxes.
