Many Americans don’t think they need to draft an estate plan. Sometimes it’s because they don’t think they have enough assets or that their assets aren’t of significant value. Other times it’s because they don’t want to think about a point in time when they aren’t here anymore or think they are young and have plenty of time to make an estate plan.
When something unexpected happens, you want to make sure that your family isn’t overwhelmed or burdened by unnecessary costs. Having a detailed plan about what happens in the event of death or incapacity is crucial. Advanced planning can save your family members the hassle of going to court if medical decisions need to be made. It can provide them with peace about your desires concerning a medical issue and clarify your wishes after death. Having an estate plan can also help reduce the cost and time required to go through probate court. A knowledgeable Crown Point estate attorney can help you plan for your future.
An estate plan lays out a plan for both incapacity and death. Even the most simple plan should include the following legal documents:
An experienced Crown Point estate lawyer can explain in further detail what each of these documents means and what completing them entails. If you aren’t sure about your desires, they can provide you with some materials to help you make the best decisions for yourself and your family.
Estate planning takes more than a few minutes. However, your Crown Point estate attorney can break it down into more manageable steps. It’s nothing to be anxious about. First, you provide some basic information about you, including your family members, your assets, and any special planning concerns you have. From there, you can discuss what you want to happen to you, your family, and your assets in different circumstances. Finally, your Crown Point estate lawyer drafts the documents and goes over them with you to ensure you understand what they are and what they will do.
If you have questions and concerns about the estate planning process, you’re not alone. At Arshad, Pangere & Warring, we help clients from all different backgrounds, income levels, and ages learn about their options for estate planning. Then we assist them in making the decisions that feel right for them and their family. To learn more about our estate planning services, contact us today for a consultation with an experienced Crown Point estate lawyer.
We understand that life doesn’t always go the way you plan. That’s why we accept credit cards and offer payment plans.
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