Estate Planning Basics

Estate Planning,Estate Planning Attorney,LaVelle Law Estate Planning Attorney

Typically, a BASIC estate plan will include:

  • A valid and legally enforceable will that names your heirs
  • A revocable living trust, which enables your family to avoid probate as well as guides asset management and decision-making if you become incapacitated during your lifetime
  • Powers of attorney for financial management and health care decision-making in case you are unable to handle these yourself at some point
  • Nomination of guardians for minor children

What is Estate Planning?

What is Estate Planning?

Estate planning helps you take control of your financial future and make sure your wishes are carried out. It’s the foundation for protecting your assets and caring for the people who matter most.

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Do I Need A Will?

Do I Need A Will?

A will is one of the simplest yet most important documents in any estate plan. It ensures your property and belongings are distributed according to your intentions, not state law.

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Living Trusts

Living Trusts

A living trust gives you flexibility and control over how your assets are managed during your lifetime and transferred afterward. It’s often used to avoid probate and maintain privacy for your estate.

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Probate Attorney

Probate Attorney

Navigating probate can be time-consuming and confusing without professional guidance. A probate attorney helps streamline the process, ensuring your loved one’s estate is handled correctly and efficiently.

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Durable Power of Attorney

Durable Power of Attorney

Life can be unpredictable, and a durable power of attorney provides peace of mind when you can’t act on your own behalf. It designates someone you trust to handle your financial and legal matters when needed.

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Healthcare Directive

Healthcare Directive

A healthcare directive ensures your medical preferences are respected, even if you can’t communicate them yourself. It also gives loved ones clarity and confidence when making important healthcare decisions.

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FREE Wills vs Trusts PDF