Estate planning is one of the most important acts you can take to ensure that your wishes regarding your health care and the disposition of your property are followed in the event of your disability or death and that your loved ones are provided financially in your absence. At Ascent Law, LLC, our estate planning lawyer plans wills, trusts, and powers of attorney to create a comprehensive real estate plan that meets your needs and want for your family, no matter what life surprises you.
Your estate consists of all the assets that you have at the time of your death and can include many different types of property, including real estate, bank accounts, securities, life insurance policies, and personal property. The right mix of wills and trusts will help ensure that all of your property is accounted for and included in your estate plan.
Ascent Law lawyers draft wills and other testamentary documents that maximize the management and control of your assets and investments throughout your life, while minimizing the time and expense required to prove your estate and make the most of the most favorable tax treatment for you and their heirs and beneficiaries.
An equally important aspect of estate planning that should not be overlooked involves planning for the management of your affairs in the event of temporary, long-term, or permanent disability. Documents such as advance health directives, health care surrogate designation, health care representatives, and living wills can help ensure that your wishes regarding how you wish to be treated are followed, including life support and end-of-life decisions.
By not addressing these issues beforehand, you end up placing the burden on your loved ones in an emotional moment, and they may not be aware of your wishes or agree on how you would like to be treated.
Also, with a power of attorney, you can designate someone you trust to manage your financial and legal affairs during your period of disability. Without such a provision, it may be necessary to go to court and impose a guardianship, which could result in leaving important personal decisions in the hands of a stranger.
It's never too early to create an estate plan, but if you put it in too long, it may be too late. The estate plan should also be reviewed and updated as wants or needs change, or as life events such as marriages, divorces, births, and deaths change family dynamics. For thoughtful and deliberate estate planning and a comprehensive approach to estates, trusts, and estates, contact Ascent Law, LLC. We serve clients throughout the United States.
Appoint your estate planning lawyer today, so you can find out how we can help you. Ascent Law looks forward to hearing from you and helping you with your legal needs.
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Estate Planning attorney talks about how he can help you in your estate planning matter in Utah. Call The Ascent Law for Free Consultation at (801) 676-5506.