What is Estate Planning?
Estate planning is more than just a trust or will. Estate planning is actually a process that allows you to clarify, for yourself and others, exactly who you want to care for you and how you want to be cared for in the event of your incapacity, who you want to manage your estate in the event of your death, and how you want to distribute your estate at that time. Having your estate planning documents in place can provide you with the peace of mind that comes with knowing that you, your family and other loved ones, and your assets will be cared for in a way that works for you. Making your wishes known by putting them in your estate plan documents can also be a gift to those who will care for you in the event of incapacity, and will administer your estate after your death.
What is Included in an Estate Plan?
Through the estate planning process, we will work together to determine which of the following documents are required to protect your, your loved ones, your assets, and your legacy:
- Revocable living trust
- (Pour-over) Will
- Certification of trust
- Durable Power of Attorney (for financial matters)
- Funding Instructions
- Advance Health Care Directive
- HIPAA Release
- Hospital Visitation Authorization
- Assignment documents
- Designations of Legal Representatives
- Trust Transfer Deeds
For clients with higher net worth or a more complex asset structure, your estate plan may also include a number of specialized estate planning documents that will allow you to transfer wealth during your lifetime and implement advanced tax planning strategies that will insure that a greater portion of your estate passes to your beneficiaries.
Please contact the Law Office of Naomi E. Metz to schedule a complimentary consultation to discuss your particular estate planning needs.