Estate planning can be challenging regardless of what your net worth is. We understand that not everyone has millions of dollars but we also understand you want control over who gets your assets after your death. Generally, you can ensure your assets are distributed per your wishes by having a will in place. However, there are many more considerations than asset distribution which should go into an overall estate plan.
In addition to a will, you may also wish to have a living will and powers of attorney for both your finances and your medical care. Other important documents may include special needs trusts designed for beneficiaries who are disabled, either physically or mentally, so they can enjoy the use of property that is held in the trust for their benefit, while at the same time allowing them to receive essential needs-based government benefits.
You may want to include a trust in your will to provide specific instructions on the manner in which certain beneficiaries receive their inheritance.
In addition to a will, you may also wish to have a living will and powers of attorney for both your finances and your medical care. Other important documents may include special needs trusts designed for beneficiaries who are disabled, either physically or mentally, so they can enjoy the use of property that is held in the trust for their benefit, while at the same time allowing them to receive essential needs-based government benefits.
You may want to include a trust in your will to provide specific instructions on the manner in which certain beneficiaries receive their inheritance.
Services
I have been drafting wills, trusts, powers of attorney and advance medical directives, etc., since joining the Air Force in 2007, and continue to do so as a reservist Judge Advocate General.
I have always loved and appreciated being able to assist military members and their families by providing estate planning services and am truly thrilled to be able to bring my skills to my home state of South Carolina.
In speaking with my clients, I find the majority have never prepared a will or legally named a guardian for their minor children.
I have always loved and appreciated being able to assist military members and their families by providing estate planning services and am truly thrilled to be able to bring my skills to my home state of South Carolina.
In speaking with my clients, I find the majority have never prepared a will or legally named a guardian for their minor children.
Chances are if you are like most people under 50, you haven't given much thought to preparing a will.
However, regardless of the size of your estate, your marital status and your age, having a will in place makes good sense.
We never know what life will send our way and ensuring your assets are.
The testamentary trust is one of the most useful types of trusts, providing many advantages to the grantor.
Unlike a living trust that is created during the lifetime of the grantor, a testamentary trust is created in a will and goes into effect upon the death of the grantor.
However, regardless of the size of your estate, your marital status and your age, having a will in place makes good sense.
We never know what life will send our way and ensuring your assets are.
The testamentary trust is one of the most useful types of trusts, providing many advantages to the grantor.
Unlike a living trust that is created during the lifetime of the grantor, a testamentary trust is created in a will and goes into effect upon the death of the grantor.
One of the most important things I tell my clients is that a little preparation goes a long way to preventing long-term family discord.
For example, when Momma's will leaves "everything to my four sons, " how are they to divide out Momma's worldly goods in a way that is fair and equitable?
What if one.
The post Let's Get Personal (Property Memoranda) appeared first on The Law Office of Anne Marie Sibal.
If you have a will, or if you need to make one, you must understand the answer to this simple question.
For example, when Momma's will leaves "everything to my four sons, " how are they to divide out Momma's worldly goods in a way that is fair and equitable?
What if one.
The post Let's Get Personal (Property Memoranda) appeared first on The Law Office of Anne Marie Sibal.
If you have a will, or if you need to make one, you must understand the answer to this simple question.
Chances are if you are like most people under 50, you haven't given much thought to preparing a will.
However, regardless of the size of your estate, your marital status and your age, having a will in place makes good sense.
We never know what life will send our way and ensuring your assets are distributed in accordance with your wishes after your death is important.
Remember the old saying that you get what you pay for?
When your will is drawn up, there is a certain amount of customization that must be included.
However, regardless of the size of your estate, your marital status and your age, having a will in place makes good sense.
We never know what life will send our way and ensuring your assets are distributed in accordance with your wishes after your death is important.
Remember the old saying that you get what you pay for?
When your will is drawn up, there is a certain amount of customization that must be included.
The testamentary trust is one of the most useful types of trusts, providing many advantages to the grantor.
Unlike a living trust that is created during the lifetime of the grantor, a testamentary trust is created in a will and goes into effect upon the death of the grantor.
This can preserve assets and give the decedent some measure of control over them, even after he or she has passed away.
There are many different types of testamentary trusts, which may be used to fit your specific estate planning goals.
Unlike a living trust that is created during the lifetime of the grantor, a testamentary trust is created in a will and goes into effect upon the death of the grantor.
This can preserve assets and give the decedent some measure of control over them, even after he or she has passed away.
There are many different types of testamentary trusts, which may be used to fit your specific estate planning goals.
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