Many people avoid thinking about estate matters because it means thinking about death. In reality, estate planning is about much more than that. It is about planning for your life, old age, and your legacy. It is about preserving and increasing wealth now to protect yourself later. It is also about having the legal documents in place so that your wishes and desires are carried out.
At Kondori & Moorad, LLP, our experienced estate planning attorneys have extensive legal knowledge to share. We help you leverage your current assets, guard them, and protect them for future generations. Our team provides the legal tools you need to care for yourself, minor children, and more after you pass away.
Estate planning is critical for all adults, but most Americans have no plan in place for later. This pre-planning safeguards your assets and relieves a family’s stress while they are grieving. Estate planning directs what will happen with your assets and cherished belongings after you pass away. Without it, assets may be distributed in ways you never intended.
An estate plan can seem daunting at first, but it is simple with the help of a qualified estate planning attorney. Your attorney can help by:
You need a customized strategy that fits your situation. Online forms or inexperienced attorneys offer generic forms that do little to protect your life’s work. Worse yet, many are legally ineffective if not drafted properly. Protect your assets and hard work with proper estate planning.
The dedicated team at Kondori & Moorad, LLP has decades of estate planning experience we put to work for you. We help with a wide variety of estate planning needs, and offers services such as, but not limited to:
Wills are one of the most basic yet important estate planning tools. A final will is a formal document that expresses your wishes. It directs where your assets should go and prevents possible fighting by your beneficiaries.
A properly-drafted will must meet with specific state guidelines to be enforceable. Online forms are ineffective much of the time because they fail to meet these legal requirements. Let a skilled attorney draft your will to best protect your rights.
A trust is a legal entity formed under state law. It has its own legal rights and ownership powers, just like a person. A trust can hold your assets and name specific beneficiaries from that trust. People use trusts for tax benefits and to protect particular people.
Commonly drafted trusts include, but are not limited to:
A qualified estate planning lawyer can also help with elder law needs. Elder law focuses more specifically on your needs as you age, including services to help with:
A power of attorney is a legal document that gives power to another person to act on your behalf. It is an essential tool in your estate plan to protect you as you age. Your attorney can draft powers of attorney such as:
Medical care and end-of-life decisions are important to think about. An advance medical directive or health care power of attorney can help direct who you want to care for you when you can no longer make decisions. It can also direct that person on how you want to handle health care decisions in the future.
Do you have children or other loved one with special needs? These needs require assistance throughout their life and even after you are gone. Many estate planning tools protect your loved one now and in the future. Special needs trusts, powers of attorney, and much more can ensure you keep your loved one with special needs safe for the future.
We also offer guardianship and conservatorship services, which may be useful for those with special needs, the elderly, or other vulnerable person.
Several states utilize probate to handle an estate after a person passes away. Probate can be a cumbersome process for you to handle on your own, but is simple with the help of a skilled probate attorney.
Your estate planning can largely or completely avoid probate as well. The right tools, such as a transfer on death or trust, may mean probate is unnecessary. This can protect your assets and save your loved ones from dealing with the stress of probate after your passing.
Hopefully you will never have to deal with estate litigation, but if you do, you need experienced litigators in your corner. Our team can handle beneficiary challenges, will contests, and much more to ensure your assets and legal rights are protected.
The right estate plan now can save you and your assets in the future. Protect your life’s work and avoid stress for those you leave behind. Ensure your wishes are carried out and get the many advantages estate planning offers.
At Kondori & Moorad, LLP, our skilled and compassionate estate planning attorneys are ready to work with you. We can help create a customized estate plan that best fits your needs. Contact us today to get started.
