Common Types of Estate Planning Cases
Here are some of the most common types of estate planning cases:
Trusts
Trusts are a mechanism for people to leave property to individuals or charities with protections in place. They can be an effective form of estate planning. Our office can advise you on whether establishing a trust to leave property is the right choice for you.
Wills
A will is a document that details who you want to receive your property at the time of your death. It can also provide valuable insight to wishes you have. Every adult should have a will, even if you don’t believe you have any property, as they can be vitally important for what assets you have or even wishes as to who you believe should raise your children.
Healthcare Directives
Healthcare directives provide instructions on how and who can make medical decisions for you if you are incapacitated. Our office can advise you on whether a healthcare directive is right for you to make sure your wishes are met.
Power of Attorney
A Power of Attorney is a document that allows another person to legally act on your behalf. The powers bestowed on that person can be very broad or more limited. Our office can advise you on whether a Power of Attorney is right for you and what it should look like.
Guardianship/
Conservatorship
A guardianship/conservatorship is the legal process by which you can be granted legal authority to make decisions for an adult. A guardianship relates to making typical living decisions, while a conservatorship relates to controlling the finance of an adult. Our office as experienced in representing people who are seeking a guardianship/conservatorship, or those who are opposed to such a request.
The Basics
What Does a Estate Planning Attorney Do?
Estate planning is necessary to determine what will happen in the event of your death. Don’t let yourself or your loved ones be caught unprepared, it’s never too early to plan for your future and protect your loved ones. In some cases a probate case in court may be required to property administer your property. Trusts and wills are frequent aspects of the estate planning process. However, in some circumstances other options may be available that can help you avoid a costly probate process. Our office can advise you on the best approach given your circumstances, Stermer & Sellner, Chtd. is experienced in all aspects of estate planning.
