At Peters Patchin & Monaghan, we do two things very well: We help you create just the right estate plan and we provide assistance when you need a probate lawyer. Our practice focuses on just these two services. We look for ways to provide our services quickly and affordably. The documents we prepare are intentionally kept as short and simple as possible.
Short, simple, and affordable: Those are our goals. By taking a few moments to look through this site, you will find answers to many of the questions that we hear most often. We offer on-line introductions to each of the major areas of our practice. And our extensive "Question & Answer" section provides answers to the questions that we regularly encounter.
At Peters Patchin & Monaghan, we know that answering your questions ahead of time moves us closer to our goals of short, simple, and affordable services. When you've decided that you're ready to move forward with your Estate Plan, you can set up your Free Initial Consultation by calling our office at (208) 939-2600 to schedule an appointment.
Short, simple, and affordable: Those are our goals. By taking a few moments to look through this site, you will find answers to many of the questions that we hear most often. We offer on-line introductions to each of the major areas of our practice. And our extensive "Question & Answer" section provides answers to the questions that we regularly encounter.
At Peters Patchin & Monaghan, we know that answering your questions ahead of time moves us closer to our goals of short, simple, and affordable services. When you've decided that you're ready to move forward with your Estate Plan, you can set up your Free Initial Consultation by calling our office at (208) 939-2600 to schedule an appointment.
Services
At Peters Patchin & Monaghan, we count it an honor to prepare Wills and Trusts and handle Probate proceedings for a truly wonderful community of clients here in southwest Idaho.
Over 30 years ago, Barry Peters migrated from the Bay Area to Idaho, in large part to provide a healthier climate in which to raise his children.
After a few years working with a local law firm, he opened an independent office as a sole practitioner.
Since then, Barry has prepared estate plans for thousands of clients in the Treasure Valley and the surrounding areas.
Over 30 years ago, Barry Peters migrated from the Bay Area to Idaho, in large part to provide a healthier climate in which to raise his children.
After a few years working with a local law firm, he opened an independent office as a sole practitioner.
Since then, Barry has prepared estate plans for thousands of clients in the Treasure Valley and the surrounding areas.
If coming to Eagle up Eagle Road, take Eagle Road north to Eagle.
Continue north past the signal at State Highway 44 up two more signals to the one at the old State Street.
At State Street turn left (west).
From there, take the second street on the right which is Eagle Glen Lane.
Our offices are the second building on the left.
Look for the "Barry Peters - Attorney at Law" sign.
If coming to Eagle on State Street, take State Street to the intersection with Eagle Road.
Turn north on Eagle Road and go up to the second signal which is the old State Street.
Continue north past the signal at State Highway 44 up two more signals to the one at the old State Street.
At State Street turn left (west).
From there, take the second street on the right which is Eagle Glen Lane.
Our offices are the second building on the left.
Look for the "Barry Peters - Attorney at Law" sign.
If coming to Eagle on State Street, take State Street to the intersection with Eagle Road.
Turn north on Eagle Road and go up to the second signal which is the old State Street.
We tend to think of Estate Plans as being something only for the rich and famous.
However, the reality is that everyone has an Estate Plan, whether or not it's of your own making.
If you have a Last Will and Testament, that is the heart of your Estate Plan.
It does just three things.
First, it specifies who is to inherit your property.
Then, your plan tells who will take care of any minor children (if you have any).
Finally, it indicates who is to be your Executor to make sure your wishes are carried out.
However, the reality is that everyone has an Estate Plan, whether or not it's of your own making.
If you have a Last Will and Testament, that is the heart of your Estate Plan.
It does just three things.
First, it specifies who is to inherit your property.
Then, your plan tells who will take care of any minor children (if you have any).
Finally, it indicates who is to be your Executor to make sure your wishes are carried out.
It designates who you want to inherit your property and possessions.
It names the person that you want to serve as your Executor.
And, if you have minor children, it nominates the people whom you want to raise your children.
For those who have children or other heirs who are not yet mature enough to receive an inheritance and manage it responsibly, a second type of Will may be used - a Will that includes a Testamentary Trust.
A Testamentary Trust is simply a trust that does not actually come into existence until the person who made the Will has passed away.
It names the person that you want to serve as your Executor.
And, if you have minor children, it nominates the people whom you want to raise your children.
For those who have children or other heirs who are not yet mature enough to receive an inheritance and manage it responsibly, a second type of Will may be used - a Will that includes a Testamentary Trust.
A Testamentary Trust is simply a trust that does not actually come into existence until the person who made the Will has passed away.
A Trust is a versatile document that can address a vast array of circumstances for those preparing an Estate Plan.
The primary benefit of setting up a Family Trust is the avoidance of probate.
For those who make such a trust the cornerstone of their estate plan, as each spouse passes away, their survivors and family members are not required to go to court and go through the expensive and time-consuming probate process.
But there are other circumstances for which a Family Trust is well-suited.
For example, a blended family can create its own challenges when it comes to Estate Planning.
The primary benefit of setting up a Family Trust is the avoidance of probate.
For those who make such a trust the cornerstone of their estate plan, as each spouse passes away, their survivors and family members are not required to go to court and go through the expensive and time-consuming probate process.
But there are other circumstances for which a Family Trust is well-suited.
For example, a blended family can create its own challenges when it comes to Estate Planning.
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