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Estates & Trusts

Estate planning involves deeply personal decisions about what you would like to happen after you pass away, or if you become unable to care for yourself. While anticipating your death may seem like a morbid topic, the purpose of estate planning is to ensure that wishes for your loved ones are realized and that disputes are avoided.

A common misconception about estate plans is that only very rich people and old people need them. The truth is that almost anybody can benefit from an estate plan, including young people and those without many assets. Estate plans can also address issues that are unrelated to assets, such as custody of your children, who should make decisions about your care if you become gravely ill, and what you would like to happen to your remains.

Estate planning involves considering factors relating to your family and loved ones, your personal finances and assets, and the law:

  • What types of assets do you have and what are their values?
  • How would you like to divide your assets and who would you like to receive them?
  • Who will execute your wishes about healthcare if you are incapacitated?
  • Who will ensure that your wishes are realized after your death?
 
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