WILLS, TRUSTS, AND estate planning
Estate planning can be structured for probate or to avoid probate. It is important to discuss your specific needs with the lawyer so that a plan can be made which best suits your situation. A living, revocable trust is one means of keeping assets out of probate, but proper planning is required to ensure that the objective is accomplished.
Ladybird deeds, also know as Enhanced Life Estate Deeds, are sometimes employed. One must be careful what type of deed is utilized when adding another party to title, because it is possible that creditors of the added party might make a claim against the property or attempt to attach the property.
OTHER RELATED PLANNING TOOLS:
Ladybird deeds, also know as Enhanced Life Estate Deeds, are sometimes employed. One must be careful what type of deed is utilized when adding another party to title, because it is possible that creditors of the added party might make a claim against the property or attempt to attach the property.
OTHER RELATED PLANNING TOOLS:
DURABLE POWERS OF ATTORNEY
DESIGNATION OF HEALTH CARE SURROGATE - The applicable statutes were revised effective in October 2015 to allow designations which are effective immediately.
PRENEED DECLARATIONS OF GUARDIAN
DESIGNATION OF HEALTH CARE SURROGATE - The applicable statutes were revised effective in October 2015 to allow designations which are effective immediately.
PRENEED DECLARATIONS OF GUARDIAN