We Can Help You Plan for and Protect Your Loved Ones and Your Assets
Regardless of the economy, the top reasons that clients see Estate Planning Lawyers are:
- Creditor Protection,
- Control Distribution at Death,
- Avoid Probate,
- Avoid Guardianship,
- Minimize Income and Estate Taxes, and
- Avoid Family Disputes caused by not having an estate plan.
As society has changed, clients face new sets of challenges in accomplishing these goals. Estate planners have responded by creating new tools and strategies to address them. Modern Estate Planning involves implementation of these new tools and strategies, together with traditional drafting, to arrive at practical, common sense approaches to situations encountered across the current palette of social issues.
The following is a short-list of the types of problems we have have seen developing a new urgency. Modern Estate Planning has developed tools to address all of these:
Couples With Children from Prior Marriages – there are tools and strategies to protect new spouses while providing for your children.
Adoptions, Out-Of-Wedlock Children, Estranged Children – these situations all require full and frank discussion, express provisions and room for “changes of heart”.
Substance Abuse in Children and Adults – protecting your children from themselves with tight controls on access to their inheritance.
Couples Who Choose Not to Marry – Modern Estate Planning has developed tools to protect both Partners, meanwhile making sure that they have only the rights and obligations that they choose to assume.
Planning for Incapacity – people are more likely to become incapacitated mentally or physically than to die, but few take the simple steps to protect themselves.
High Divorce Rates – trust provisions can protect your child’s inheritance from the claims of a divorcing spouse.
Health Care Costs Leaving Both Spouses Impoverished – there are techniques to protect against loss of your life savings due to health care costs.
Clients seeking protection of their assets from creditors – planning around these issues before it’s too late just makes good sense.