Title: What is Estate Planning and why it is important
1Estate Planning Protect you and your Loved ones
2What is Estate Planning?
Estate planning is the creation of a definite
plan for managing your wealth while you are alive
and distributing it after your death. These
assets may be owned jointly or separately with
others.
3What is Family Estate Planning?
- Every family should have an estate plan, one that
is designed and implemented by an attorney who
focuses on estate planning law and who cares
about your financial goals - Without an estate plan, you can put yourself and
your loved ones at risk. - If you do not have an estate plan and you become
incapacitated, you will not be able to control
who will make the financial and health care
decisions on your behalf.
4Estate Planning Services
Following are the services that comes under
estate planning
- Last Will and Testament
- Power of Attorney
- Living Will
- Living Trusts
5Last Will and Testament
- A Last Will and Testament is an essential legal
document to any good estate plan. - After determining that you need an estate plan,
your estate planning attorney will recommend
either a trust-based estate plan or will-based
estate plan.
6Power of Attorney
A power of attorney is a legal document that
authorizes you to appoint someone else, known as
agent, to make the legal, financial and business
decisions on your behalf.
7Living Will
A living will is a legal document that provides
instructions to loved ones and medical providers
about an individual wishes concerning end-of-life
medical decisions.
8Living Trusts
A living trust is a type of trust which you
create for distributing assets after your death.
Most the living trust is revocable and this means
that you can change its terms at any point of
time.
9Follow us on https//www.facebook.com
/ElderLawCenterOfWisconsin/
https//plus.google.com/111371667898724692597
https//twitter.com/elderlawcarewi
10Contact Details
Address 125 N. Executive Drive, Suite
210, Brookfield, WI, 53005 Fax (480) 969-0079
Phone (262) 812-6262 Toll Free (866) 865-3306
Email Id info_at_elderlawcenterwi.com
Website http//www.elderlawcenterofwisconsin.com