Estate planning is not just for the elderly. Ensuring the financial safety and protection of your family is an important goal that we all seek. Who will take care of your affairs if you are incapacitated? Who will receive your assets upon your passing and how will they receive those assets? Who will take care of your minor children if something happens to you? These are all basic questions that are addressed in the planning process. There are many different methods used for estate planning, ranging from a basic will to a living trust to a family limited liability company. We can assist with selecting the right tool for you.
The term “probate” refers to a court-supervised proceeding that is involved when an individual passes away and handles the transition of their assets that the decedent owned and payment of any debts and taxes. Probate also refers to the court-supervised process where an individual needs to have court-supervision over the affairs of a minor or an incapacitated individual through a guardianship or conservatorship proceeding. Our experienced trusts and estates attorneys can give you advice, direction and assistance in handling the necessary court filings and hearings.