Regardless of the size of your estate, you can gain peace of mind by making proactive decisions about how you want your property and assets distributed after you are gone. These decisions are sometimes complicated and an experienced attorney can help guide you through the legal questions that may arise. By being informed and assisted by a knowledgeable attorney, your wills, trusts, and other estate plans will successfully reflect your wishes for you and your family.
An Estate can be defined as all that one owns. There are a variety of options you may wish to choose as to what you should do with your estate after death. By sitting down and discussing your situation with Attorney Laaksonen, you can choose the right estate plan for you.
A Will states who you choose to receive your assets, the person to be the executor of your estate, gives funeral instructions, and nominates a guardian for your minor children.
A Living Trust helps you keep full control of your assets and you act as trustee. This is to protect your assets. It is a legal document containing instructions for ownership of your assets.
A Living Will is for medical care. It lets others know how you feel about medical and life support situations.
Probate is where the courts make sure your debts are paid and your assets are distributed after your death. With or without a will, an estate is probated. With a will your estate is distributed according to your wishes. Without a will, your estate is distributed according to state law.
These important decisions are best made with an attorney who understands the law and can help you articulate your wishes for your estate and your family.