Wondering If You Need To Make An Estate Plan?
Do you need a will? If you are an adult, the answer is “yes.” Even people with few assets need to plan ahead and make their wishes known. This ensures your property will be distributed in the way that you want and that you will receive the end-of-life care you prefer.
At the Law Office of Lori Watson, in Georgetown, we understand that it can be difficult to think about what will happen after you pass, but it is an important thing to do for yourself and your loved ones. Our experienced estate planning and family law attorney understands family dynamics and disputes in multiple areas of law. With her experience and assistance, you can create an estate plan that meets your specific needs and that will reduce the chance of family conflict after you are gone. Contact us to learn more today.
Creating Wills And Other Estate Planning Documents
A will is the most crucial part of an estate plan. With a will, you can specify asset distribution, name guardians for minor children, and detail the type of funeral and burial services you want. These are all decisions that will be hard for family members to manage when they are grieving. Help them by providing a will that makes your wishes clear.
A will may be the centerpiece of your estate plan, but it is not the only component. After consulting with your estate planning attorney, you may also need:
- To draw up financial and health care powers of attorney to designate someone to make decisions if you’re incapacitated.
- To have a trust created for asset transfer – we can create revocable and irrevocable trusts, testamentary trusts, life insurance trusts, and many more.
- To complete an advance medical directive or “living will” to designate what kind of end-of-life care you wish to have.
Our attorney can guide you through the estate planning process and create a plan for you that can help your loved ones avoid probate and easily transfer your assets when the time comes.