A proper estate plan helps your family and loved ones if you’re unable to speak on your own behalf. The estate planning lawyers at Northwest Law work directly with you to fully understand your personal goals and wishes and create a thorough plan of action to ensure all of your affairs are in order so you can carry on living a full life with complete peace of mind.
Contact Us TodayEstate planning is the process of compiling important legal documents concerning what you want to happen if you were incapacitated or were to pass away. Our estate planning services include preparing last will & testaments, living wills, revocable trusts, durable powers of attorney, and more.
We recommend a review of your estate plan every few years, especially when a major life event occurs, such as:
In addition, periodically reviewing your estate plan ensures that if any state laws governing your planning documents change, your exact wishes are still known and valid. This simple process could also help to avoid probate, ultimately saving your family time and money.
By contacting our experienced, knowledgeable, and skilled attorneys we can provide legal counsel and prepare the necessary documents for your estate plan.
To prepare, start to think through the answers to these questions:
The individual estate planning services you need are contingent on what exactly you want to do with your money and legacy. Our attorneys work with you to determine which legally-binding documents you need to carry out your goals and wishes before properly authoring and delivering them to the necessary parties.
This document allows you to detail the distribution of your assets upon your death. When an individual passes away without a will, all of their property is distributed and handled pursuant to the state intestacy laws. Ensuring your assets are distributed the way you want them to be is among the many reasons for having a will. Wills may be amended to keep up with the changes in your life.
A revocable trust allows individuals an effective management tool for their assets during and after their lifetime. As the name suggests, a revocable trust can be changed or revoked by the individual during their lifetime. The benefits of having a revocable trust include privacy, control, avoidance of probate and reduced costs that a will could not provide.
Durable powers of attorney are legal documents that allow you to designate an individual (and alternates) to make choices for you when you cannot make the decisions for yourself. The scope of authority for your designated individual/alternates can be tailored to meet your needs.
A living will establishes your wishes about the use or non-use of artificial life-sustaining treatment in the event that you become terminally ill or permanently unconscious. A living will only affects care that artificially or technologically postpones death. This document may be changed or revoked by you at any time. This document trumps a valid healthcare power of attorney.
Experience. Accountability. Attention to detail. These are just some of the characteristics that our estate planning and probate attorneys possess in an effort to properly execute your will and other final personal requests. If you need expert guidance for your estate and will, but live outside of Kentucky or Ohio, that’s ok. Our expertise goes beyond these two locations. Get in touch with The Holfinger Stevenson Law Firm today and we will further assist you.
Contact UsBy: Kristen Humphrey-Schulz, Esq. | Associate Attorney What is an Estate Plan? With the start of the New Year comes new challenges, resolutions, and a time to re-evaluate aspects of your life. Perhaps this new year you plan to work on items you may have put off or ignored. One of those items may be […]
