Estate Creation & Planning
Estate Creation & Planning
When most people think about financial planning, they’re primarily concerned with what steps need to be taken to go about creating an ample nest egg. However, planning goes beyond how much you will save and how much you need.
An estate plan is paramount, if your wish to have the assurance that your estate is handled in accordance with your directives. It considers your complete financial picture.
Our service includes:
Understanding the Importance of a Will
Your will should be the foundation of your Estate Plan. Our experts will help you navigate through the complexities, so your legal counsel can create a will that reflects how you want your Estate settled.
Establishing the Power of Attorney
A well-crafted POA will simplify decisions about your final arrangements. From management of specific assets, investments, bank accounts or property; or whether it’s a directive on health-care decisions, you need to have a POA in place to ensure your requests are followed in the event of death.
Choosing Executors
When appointing someone to discharge of your assets, we help you to understand the conditions for such an executor appointment, particularly when these conditions include minors or where guardians have been assigned.
Designating Beneficiaries
If beneficiaries have not been designated, your estate ends up in the hands of the legal system. Resolution is then lengthy and tedious to obtain Letter of Administration required.
Health & Wellness
A well designed Estate Plan considers numerous factors, including instructions to your Executors and Power of Attorneys advising of action to be taken if your mental or physical health should deteriorate. Otherwise, decisions impacting your health and well-being may possibly be made by medical professionals or state-appointed representatives.
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