Estate Planning

Get Legal Advice and Create an Estate Plan

Creating an Estate Plan is not an easy subject to talk about, but it is the best way to avoid conflict between your loved ones after your death. A well written Estate Plan will explain what you want to happen with your assets following your death. Whether you need to plan for distributing your assets, plan for potential incapacity, or just need peace of mind that affairs are in order, the attorneys at The Head Law Firm, PLC, are prepared to tailor a plan that best fulfills your needs.

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Avoiding Probate

There are several strategies that you can implement to prevent your assets from going through probate after your death. Funding a Revocable Living Trust, designating transfer on death beneficiaries, and joint ownership of assets are some ways to protect the wealth you earned throughout your life from being probated. Everyone is unique and The Head Law Firm, PLC, is here to help you determine which plan is best for you.

Real Estate Concerns

If you own real estate, you will want to protect that asset through your estate plan. The attorneys at The Head Law Firm, PLC, are here to help you create a plan for what will happen with your real estate after you pass away.

Will or Trust?

It depends. Both wills and trusts give direction on who you want to be in charge of administering your assets and who you want to receive your assets after your passing. A will is essentially a roadmap for what should happen to your assets when your estate is administered in the probate court. A trust is often designed to manage and distribute your assets outside of probate court. There are many issues that you should consider before you decide whether you need a will or a trust. The attorneys at The Head Law Firm, PLC, are prepared to help you make those decisions, guide you through that process, and give you peace of mind.

Power of Attorney

Not all documents in your estate plan should activate upon death. General Durable Power of Attorney and Medical Power of Attorney documents should be included with any estate plan. Power of Attorney documents only work during your lifetime, and they give someone you select the ability to make decision's on your behalf if you cannot. Our team can work with you to ensure that your goals are met.

Funeral Representation Designation

If you have specific wishes regarding your memorial or funeral services, work with one of our attorneys to create a plan. Designating a Funeral Representative is a great way to ensure that your memorial or funeral service follows your wishes.

Planning for Beneficiaries

Everyone is unique and not all beneficiaries should be treated the same. Maybe you do not want your beneficiary to receive his or her entire inheritance in one lump sum. If you want to set rules and regulations on how much your beneficiaries can withdraw at a time or what they can spend their inheritance on, the attorneys at The Head Law Firm, PLC, are here to guide you.

Planning for Beneficiaries with Special Needs

As inheritance should not be the reason you son or daughter no longer qualifies for government benefits. A Special Needs Trust is a type of trust that allows someone to benefit from an inheritance without losing his or her government benefits. If you are concerned about a beneficiary losing his or her benefits, contact The Head Law Firm, PLC, to work with one of our attorneys to create a Special Needs Trust.

  In need of an experienced estate planning lawyer? Get our help by calling 248-939-5405.

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