Crown Point Estate Attorney

Crown Point Estate Attorney

Crown Point Estate Attorney

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. 

What is an Estate Plan?

An estate plan lays out a plan for both incapacity and death. Even the most simple plan should include the following legal documents:

  • Will: Explains your desires regarding the care of your children and the distribution of your assets upon your death.
  • Financial power of attorney: Someone you appoint (known as your “agent”) to manage your finances on your behalf if you are ever unable to do so for yourself due to your mental or physical condition. They have the power and authority to make financial decisions for you.
  • Medical power of attorney: Someone you appoint (known as your “agent”) to make your healthcare decisions if you ever become mentally or physically incapable of doing so on your own. They have the authority to make healthcare choices for you.
  • Advanced directive: Details your desires for medical care if you get to a point in which you can’t make those decisions on your own. This document can help guide your loved ones and your medical providers regarding the care you do or don’t want to receive.

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.

Is the Estate Planning Process Complicated?

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.

Consult with an Experienced Crown Point Estate Attorney Today

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.

Flexible Payment Plans Available

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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