Regardless of your income, estate planning is a vital part of your financial plan. Planning ahead can give you greater control, privacy, and security of your legacy.
It's important to work with an attorney on your estate plan. The attorney's role will include guiding you through the creation of fundamental estate planning documents. These may include a will, health care proxy, and durable power of attorney.
You'll make the decisions, but your attorney can help you think through and understand the sometimes complex implications of each option. They will also help you communicate your wishes clearly, avoid mistakes, minimize taxes, and adjust your plans as time goes by or your circumstances change.
An attorney can be well worth the cost—significant savings can result from thorough, informed planning. Knight Law has helped hundreds of satisfied clients with their estate planning and succession planning. We offer the following services to those looking to establish their estate plan and better understand their options.
- Living Trusts (also known as revocable trusts, family trusts, or inter vivos trusts)
- Testamentary Trusts
- Durable Powers of Attorney (also known as financial powers of attorney)
- Living Wills
- Health care powers of attorney
- Beneficiary Deeds
- Irrevocable Trusts
- ILITs (irrevocable life insurance trusts)
- Last Will and Testament
- Private foundations (private family foundations)
- Private operating foundations