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Estate planning is a crucial process that lays out the details of future management and distribution of your assets, your finances, and medical care. An estate plan includes documents such as wills, trusts, and powers of attorney.
Creating a comprehensive estate plan will make you avoid unnecessary time within the probate court, and avoid unnecessary large estate taxes at the end of your life. Your will or trust stipulates what assets are passed along to your family, friends, and organizations.
It is recommended that you draft the power of attorney when you are in good physical or mental health, as it will allow you to authorize an attorney to make important financial and medical decisions for you. Choosing your agents in writing will help prevent unnecessary confusion or arguments within your family.
If you need any help in creating, reviewing, or interpreting your will or trust, you can contact us at Nickloy, Albright, Gordon, & Seibe, Attorneys at Law LLC. We will assist our clients to identify their assets, select the roles individuals will play after death, and provide important information for the family when the time comes.
Estate Planning Advisors
Call us today to schedule your consultation.
(317) 773-3030
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