Estate planning is essential for everyone, no matter their age, family status, or level of wealth. Estate planning is the only way to ensure that your wishes for your medical care, your assets, and your children’s future are honored if you are not available to express them. Planning ahead affords the control over who handles your estate and how: rather than the court dictating this.
Wills and powers of attorney are an essential part of most estate plans. A will dictates how your property is to be distributed when you die, who is to serve as executor of your estate, and, if you have minor children, who will be their guardian if their other parent isn’t
available. Powers of attorney may be either financial or medical in nature, and give another person the legal authority to make decisions for you if you are incapacitated.
Mr. Yeager will sit down with you to evaluate your situation and design an estate plan customized to meet the needs of your family, including:
- Trusts (revocable, irrevocable, or special needs)
- Guardianship and conservatorship (children and adults)
- Powers of attorney (financial an medical)
- Patient advocate designation
- Health care or medical directives
- Planning for multi-generational gifts and beneficiaries
- Probate, estate and trust administration
- Medicaid planning and application