Using An Estate Plan To Protect Your Family’s Welfare
If something happened to you and your spouse, who would you want to designate as guardians for your children? Every family it seems has some relatives they would want to care for their children as minors – and some relatives that they would not want. Does your will or trust provide for your spouse and children? Don’t wait till it’s too late.
ESTATE PLANNING IS NOT A “ONE-AND-DONE” PROJECT
Your family relations change. The laws change. Our interpretation of how your family will be affected by these changes will also change. It’s a good idea to revisit your estate plan every 3 to 5 years to make sure that your estate plan will actually accomplish your current intentions for your estate.
TAILORING YOUR ESTATE PLAN TO FIT YOUR NEEDS
Your Estate Plan should address the facts of life including death and disability. To do this your plan may include:
- Health Care Directive (“Living Will”)
- Nursing home planning
- Power of Attorney
- Supplemental Needs Trust
- Transfer-on-Death Deeds
- Conservatorship and Guardianship
BENEFIT FROM OUR EXPERIENCE
You probably wouldn’t ask a doctor fresh out of medical school to perform serious surgery on you. You should be sure that your estate planning attorney has the experience and expertise to deal with your family’s unique estate needs.
Bill Peterson in his legal experience over 47 years and his staff have seen how estate plans succeed, how they sometimes fail. We can help you choose which strategies are legitimate and which are mere gimmicks. Thus, you can depend on us to help you understand which legal options are the best fit for your unique estate planning goals.