WILLS, TRUSTS & POWERS OF ATTORNEY
It is human nature that among our list of priorities, the preparation of a Will, Living Will, or Trust, receives little attention. Perhaps the answer lies in not only the unpleasantness of thinking of our own passing, or the passing of loved ones, but also in the very difficult decisions that need to be made as part of our estate planning process. Among the decisions that we must make are those regarding the care of our minor children in the event of our passing. Consideration must be given to not only the raising of our minor children, but also the handling of any estate inheritance or life insurance proceeds that we may leave behind. Often times we may have family members or friends that we would trust in the raising of our children, but not necessarily in the handling of their finances. Likewise, you may have friends or family that would be the perfect choice to handle the finances, but not necessarily raise your children. Even if your children are grown, it is still imperative that your Will and other estate planning documents are in order. While preparing the appropriate estate documents does not eliminate, entirely, the possibility of litigation or unwelcomed tax liabilities, preparing these documents in advance will dramatically reduce both the potential for litigation and undesirable tax consequences.
Preparation of estate documents requires thoughtful planning. We have developed a Will Questionnaire that you may utilize as part of the planning process. Please see "Download Forms" on the navigation bar above, and feel free to print a copy of the Will Questionnaire.