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Estate planning is an opportunity to get into place the right documents to protect your family from three invaders. First, you can avoid probate and the costs, headaches, and attorney fees involved with the probate court. Second, you can avoid excessive taxation by creating the right estate plan through the creation of revocable trusts, irrevocable trusts and other estate planning documents. Third, you can protect you life savings from being lost to the extremely high and growing costs of long term care, just by getting the right estate planning documents in place and implementing a proactive strategy.
An Estate Planning attorney will assist their clients in devising a collection of documents that will help them avoid probate altogether, avoid excessive taxation, and protect their assets from the rising costs of nursing home care and/or assisted living care. An Estate Planning attorney ensures their clients that they have a full proof plan to ensure that all of the clients assets are protected during their lifetime and that the clients full and complete wishes are carried out precisely after death.
You need an estate planning attorney to guide you through the ever changing probate rules, the court rules, and even the internal revenue code, to ensure you that you do not have to be entangled in a probate court during your life and that your family members do not have to go through the stress and cost of probate after you death. As equally important, you need an estate planning attorney to ensure that you do not lose your assets to excessive taxation, or the devastating costs of a nursing home or long term care.