The most common misconception about estate planning is only wealthy people need an estate plan. The reality is without an estate plan, a court will determine how your assets are distributed after your passing rather than according to your plan. At a minimum, everyone should have a simple will. Estates with just $50,000 in net assets can benefit from a trust and save money on taxes, probate expenses and time. Health care and financial decisions still need to be made should you become unable to do so yourself. Most people would rather a family member or close friend make those decisions rather a court.
A comprehensive estate plan is crucial to:
- Ensuring your wishes are carried out as intended
- Reducing estate expenses and probate costs
- Protecting assets
- Providing guidance for healthcare matters
- Providing guidance for financial decisions
At Wiseheart Kaiser Law Firm, our lawyers are passionate about advocating for our clients, providing exceptional service at affordable rates and simplifying the often confusing aspects of estate plan law. Our estate planning attorneys use a wide variety of documents to create an estate plan to achieve your specific goals. You will never find a boiler plate, one-size fits all approach at Wiseheart Kaiser Law Firm. Legal services often used for estate plans include:
- Special Needs Trusts
- Advanced Directives
- Powers of Attorney
- Trust Administration
An experienced estate planning attorney can ensure every aspect of your estate plan is up-to-date and meets current best practices and standards of the law. Our attorneys have more than 30 years experience and focus the majority of their practice on estate planning, probate and elder law. Call our office at 314-966-2226 to schedule a free consultation.