A last will and testament is a document that outlines how you want your property distributed upon your death. A solid last will and testament that can stand up in probate and prevent challenges to its validity.
An established trust is needed to avoid probate and the federal inheritance tax. The most common is a revocable living trust, or RLT, which allows one to manage and control their assets while they are living, and have those assets pass to their loved ones when they die.
An irrevocable trust is a trust that cannot be changed, amended, or terminated after it is created (with limited exceptions). By creating an irrevocable trust, you are relinquishing control over the assets placed in the trust. Irrevocable trusts are administered by a trustee for the benefit of the trust beneficiaries.
A power of attorney grants permission to a person to make financial decisions on your behalf if you become incapacitated. You may make it as broad or restrictive as you would like.
A healthcare directive is more commonly known as an advance directive. Simply put, it provides instructions for what to do when you are unable to make medical decisions.
Trust administration is the management of the assets that exist within a trust. We represent trustees, spouses, and other representatives in all administrative matters.
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