Estate planning

Estate Planning: Wills, Trusts, Power of Attorney, Probate
Has money, time or fear kept you from creating a
last will and testament?
Allow me to schedule an appointment with you and, if you like, your
insurance agent, to meet with you to answer your questions and
prepare a will that will carry out your wishes.

If you become incapacitated and don’t have a current Living
Will/Healthcare Power of Attorney, the decisions concerning your
healthcare can become excruciating for loved ones.

If you die without an up-to-date will, division of assets and the custody
of any minor children will be decided by state law. Every adult should
have an up-to-date last will and testament, especially if there are minor
children involved.

Estate Planning
Whether you need a simple will or a set of trusts, I can create an estate
plan which offers you the best advantages to organize and settle your
estate according to your desires.

With every estate plan I discuss wills, trusts, powers of attorney,
personal representatives, beneficiaries and the details of your assets in
order to provide you with a comprehensive estate plan.

Terminology
Will – a document in which you specify what is to be done with your
property when you die and name the executor of your estate. You can
also use a will to name a guardian for your minor children in the event
both parents die.             Basic Simple Wills $150.00

Child/Children’s Trust – A necessary feature of most wills made by
adults with minor children. After the death of the last surviving parent, all
monies/assets are held in trust for the child or children for living or
education purposes and until an appropriate age, designated by the
parent.                           Basic Will with Children’s Trust $300.00

Living Trust (or Revocable Living Trust) –
A legal device for holding ownership of assets until death, at which time
the assets pass free of probate to designated beneficiaries. To work
properly, ownership of all significant assets must be legally transferred
to the trust during the life of the trust’s creator. The person who
manages the trust (“the Trustee”), and thus manages the assets, can be
the same person who sets up the trust or some other person/entity.
                        Basic Revocable Living Trust - $1,000.00

Living Will – a document containing your wishes regarding the use of
extraordinary life support or other life-sustaining medical treatment when
your condition is medically without hope of recovery, or death is
imminent. A living will can ease the burden on family members by letting
them know your wishes in the event you cannot speak for yourself.
                        Living will is included free in all wills.

Healthcare Power of Attorney – a document in which you grant
someone permission to make medical decisions for you if you are unable
to make them yourself. (Need not be notarized.)
                        Healthcare Power of Attorney $35.00

Financial Power of Attorney – a document in which you grant someone
permission to make financial decisions on your behalf if you are unable to
make them yourself. Must be notarized. Should be recorded with
County Recorder of Deeds.
                        Financial Power of Attorney $35.00