Categories
Our First Meeting
Our first meeting is an opportunity for me to learn more about you, what you would like to accomplish, and how I can help you through the process. Think of it as telling your story, more is always better, it allows me to understand who you are, your situation, and to craft a plan tailored to your needs. We will cover family background information, financial information, and discuss who you might consider to act on your behalf.
Estate Planning
Estate planning is essentially taking the time to be mindful of what you would like your future to look like and what you would like the future of your family to look like, regardless of circumstances. An estate plan can ensure your wishes are honored and your loved ones are provided for in your absence or incapacity. It also allows you to choose who you would like to make decisions for you and provide guidance to that person if you are unable to make decisions for yourself.
Wills & Trusts
This is probably the most common question that gets asked, should I have a will or a trust as a part of my plan? Both a will and a living trust will allow you to plan for the distribution of your estate. But, there are important differences between the two.
Probate
The probate process allows the personal representative named in the will to be appointed and transfer the probate assets to the intended recipients. It ensures that creditors are paid in a timely fashion and disallows creditor claims after proper notice has been given. If the decedent had a will, the personal representative will receive Letters of testamentary. If the decedent died intestate, or without a will, the personal representative will receive Letters of administration.
Business Succession
As a small or family business owner you pour your heart and soul into your products and services. Your business is a reflection of your creativity, values, and integrity. As an business owner, your business is often your largest asset. Yet most business owners do not have a succession plan in place.
Taxes & Debt
When you pass your debts will become the responsibility of your estate. Your estate will include everything you owned a the time of your death. Your personal representative under your will, or the trustee under your trust, will use your estate assets to pay off your debt. It is important to note that your family members and beneficiaries are not personally responsible for paying your debt. Under a will, the payment of your debt and the distribution of your assets will occur through the probate process.