Many times, when someone thinks of the term “estate plan,” they think it only applies to individuals with a certain level of assets. However, the truth is, everyone who is over the age of 18 should have an estate plan. An estate plan is not only about your assets, but it also concerns:
- Your children
- Making healthcare elections for yourself
- Appointing someone to make your healthcare and financial decisions in the event you are unable to do so for yourself
- Reducing the costs of administering your assets (also known as “Probate”)
- Minimizing taxes owed due to your passing
Your estate plan provides clarity to your loved ones at what will be a very difficult time for them. All too often, our office assists people who didn’t know what their loved one’s intentions were. Let us help you to eliminate that for your loved ones.
Many people don’t discuss these matters with their loved ones; as it is a very difficult conversation to have. At DAL Law Firm, we can help you put together an estate plan that will provide guidance and direction to your loved ones at a time that they will need it most. If you don’t have an estate plan, call our office today so that we can help you assess your needs. Not all estate plans have to be complicated; in fact, our goal is to simplify the estate planning process for you and your family.
Our office will work with you to create your estate plan, as not everyone’s estate plan is the same. The most common estate planning documents we prepare are:
- Revocable Living Trusts
- Financial and Healthcare Powers of Attorney
- Healthcare Directives
- Community Property Agreements
Contact our office today at (206) 408-8158 so that you can be assured that you have a proper estate plan in place.