It Is Never Too Late To Start An Estate Plan
No one likes to think about incapacity or death. While understandable, do not let this unease prevent you from planning for these events. Only the legal documents comprising your estate plan will ensure that your wishes are carried out upon incapacity and death. Without an estate plan, Arizona law and/or a judge will make these crucial decisions.
In a world of uncertainty, one of the best gifts you can give yourself and your loved ones is peace of mind. Preparing your estate plan ensures certainty and provides peace of mind when your loved ones will need it the most.
Proactive Steps That Provide Peace Of Mind
I am estate planning lawyer Elizabeth Estes. At my Ahwatukee-based law firm, I will draft custom, personalized legal documents based on your specific needs and goals. I will walk you through the process of creating enforceable documents that reflect your wishes. After your estate plan is complete, I will continue to provide legal counsel to address any issues that may arise in the future.
My estate planning practice includes preparing the following important legal documents:
Wills: A Last Will and Testament provides instructions for the disposition of your estate upon your death. A will designates a personal representative to carry out your wishes and distribute your assets. A will also nominates a guardian for minor children. The creation of a Last Will and Testament is an important part of the estate planning process.
Trusts: A trust creates a formal legal arrangement that provides for the management and distribution of assets to identified beneficiaries. The benefits are numerous and include protecting your assets for your beneficiaries, reducing estate taxes, and helping your loved ones avoid probate.
Powers of attorney: Should you become disabled or deemed incompetent, a durable power of attorney designates a trusted friend or family member to act on your behalf with respect to your financial matters. A health care power of attorney designates someone to make decisions regarding your medical care when you cannot.
Living will: A living will sets forth your decisions about end-of-life medical care. In conjunction with a health care power of attorney, you can ensure that your end-of-life wishes are followed.