Practice Area: Estate Planning

Everybody wants a great estate plan, but nobody wants to prepare one right now.

Estate planning is how we show our loved ones how much we care about them.

Your estate plan either works or it doesn’t. Truly, there is not much room in between the two.

When you die, the rubber hits the road. It will be clear to your family whether your estate plan was a dismal excuse for what it should have been, or whether your estate plan was a GREAT one that did exactly as you intended.

This may seem too complicated and too frustrating to you, but it is all part of a day’s work for us. We solve these problems for people all of the time.  All you need to do is bring us what you have and ask us to take a look at it with you. Here are the ways that you can pass property or income to someone else at your death:

  • Will
  • Trust
  • Joint Ownership with Survivorship
  • Beneficiary Designation on an account
  • Life insurance with a beneficiary designation (or without one and thus it is paid to your probate estate)
  • Pension and annuity payments

None of these can change how the other(s) will be paid out at your death. Example. Mrs. Laker named her niece as the beneficiary to a Certificate of Deposit. When Mrs. Laker dies, the bank is going to give that CD to the niece. Mrs. Laker’s Will has no effect on what the bank will do. It will give the CD to the niece because the niece is the designated beneficiary. Confused? Come see us and let us put it o a spreadsheet for you.

When you come to see us, we list your assets and income with you to see where each item will go at your death. After we tally it up, you tell us if this makes sense to you.  And then we go to work to make it right. We give you a GREAT estate plan that does exactly what you intended