You may have already considered exactly what you want your estate plan to say. You may not have never given it a single thought. Unless you actually create your estate plan, no amount of consideration really matters. In the words of Sir Winston Churchill..... "He who fails to plan is planning to fail."
Many people have thought about what should happen to their property when they die, but we believe estate planning is more than that. Schedule a free consultation and we can dispel any misconceptions and explain how a comprehensive estate plan will work during your lifetime, plan for any disability, and provide for your loved ones after your death. A goal of any good estate plan should be to accomplish this with the most control possible, and the least amount of interference or burden on your family.
An overview of estate planning documents
Make sure your wishes are clearly expressed through professional estate planning services. Cook and Associates, P.C. can help you create...
- A Will Plan: This is the most well known estate planning document. Your will outlines your wishes for the distribution of your estate after your death.
- Revocable Living Trust Plan: A Living Trust is a comprehensive estate planning tool. It provides a plan to hold your assets for your benefit during your lifetime, plan for your disability, and ultimately transfer assets to designated beneficiaries at your death. Your Living Trust always has a named Trustee to carry out your instructions. You will most likely be your own Trustee, but if you are ever unable then your Living Trust will have a named successor trustee and provide them with instructions how to manage your estate.
- Powers of Attorney: A power of attorney document names the individual who can "stand in your shoes" and act on your behalf if you are unable. It is an important part of both a Will Plan or a Living Trust Plan.
- Health Care Power of Attorney and a Living Will: These documents outline your wishes for health care and end-of-life treatment should you become incapacitated or terminally ill. These are important parts of any good estate plan.
We can help create all of your Estate Planning documents. Our experienced attorneys can explain and develop a plan that is right for you.