1 - What does a proper estate plan include

One goal of estate planning is to provide for and protect family and business assets for future generations. This means reducing if not eliminating the potential for money or assets to be transferred to anyone other than your family. This would include the government via estate, gift and generation-skipping transfer taxes and avoiding probate. Probate also means spending unnecessary money on attorneys and court costs. Estate planning also includes protecting assets from your beneficiaries, if not financial responsible, and their existing and future creditors - a benefit that should not be ignored. The emotional benefit that estate planning offers is substantial as well. The last thing you want for your family while they are grieving their loss is to force them to dive into your financial and other affairs for the following year. This also should not be ignored. While everyone's circumstances are different, documents you can expect in an estate plan include a Last Will and Testament (Will), Trust, Power of Attorney, Health Care Surrogate and Living Will.

We are diligent and dependable, compassionate and personable and innovative and professional. Haimo Law (HaimoLaw.com) Strategically Plans with Purpose to help you protect your family and your business's interests for the immediate and long-term future. Together, we can take advantage of incredible tools and techniques that are available to you right now. Call us for wills, trusts, probate, asset protection and business planning. Haimo Law offers premium legal representation at an affordable price. We are reliable, approachable, honest and attentive, and helping your family and business is our priority.

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