Did you know that a will isn't the only legal document that can help your heirs avoid probate? You can also use a revocable living trust; however, it can be challenged in court just as easily as a will.
If you are concerned at all about your estate passing to your beneficiaries, then proper estate planning is a must. A well-constructed estate plan can help evade or reduce probate court involvement in the division of assets.
Did you know that, with our advanced estate planning services, you can help to keep your assets safe from lawsuits and other events? Many types of advanced trusts can also help to minimize or even eliminate estate taxes.
If you have a revocable living trust that contains most of your assets, it’s recommended that you still have what’s known as a pour-over will, which can take care of such details as guardianship for your children and untitled assets.
How you hold title to your assets is a critical part in the estate planning process. Before you take title or change title to an asset, you should always understand the tax and other consequences of any proposed change. Your estate planning lawyer can advise and guide you through the process.
We recognize that many college graduates feel they owe much of their success in life to their alma mater. If you want to ensure that your financial support for your college doesn’t end with your death, we can help you explore adding a provision for them into your estate plan.