Living Trusts: A living trust provides control of property during lifetime, names a Trustee to control property during disability, and creates instructions for the distribution of property after death. Living trusts can be designed to avoid probate, provide protections for surviving spouses, manage property during a disability, create a distribution plan upon death, stretch IRA payments, provide creditor protections for beneficiaries, avoid unintended beneficiaries, and provide divorce protection over inherited assets. Trusts can also protect property for special needs beneficiaries.
Powers of Attorney: Powers of Attorney name a friend or family member to make medical and financial decisions when it's not possible to do so yourself. It can be the power to have someone else sign for mail, open up safe deposit boxes, pay bills in assisted living, and take care of pets. Provisions for the withdraw life support can be part of the power. The Powers of Attorney are just some of the additional documents that are created as part of the process of designing a Living Trust plan.
Update Living Trusts: Most living trust documents can be changed. Living trust plans that require complicated or numerous changes should be restated. When a living trust plan is restated all documents are replaced.
Advanced Estate Planning: Asset protection planning, charitable planning, tax avoidance trusts, family wealth transfers, family business planning, and life insurance trusts.
Estate Settlement: Legal counseling to wrap up affairs. Paperwork to transfer property to beneficiaries.
