What is Estate Planning and why it is important

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Estate Planning Protect you and your Loved ones
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What 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.
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What 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.

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Estate Planning Services
Following are the services that comes under
estate planning

• Last Will and Testament
• Power of Attorney
• Living Will
• Living Trusts

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Last 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.

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Power 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.
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Living 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.
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Living 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.
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Contact Details
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