Estate planning is the process by which individuals determine how they are to be treated when incapacitated and how they can reduce the amount of tax that is paid when property is transferred to others during or after their life. Estate planning can ensure that your wishes are respected by your family and by the state. If you would like to contact an estate planning lawyer, click here and select “Estate Law” as the area of law in which you need help.
A living will, also known as an advance health care directive, can ensure that your wishes are respected as to how you would like to be treated after you have become incapacitated. For more information on living wills, see Living Will Lawyer.
Trusts can be used as a means of tax planning where assets can be transferred to others with minimal taxation. For more information on trusts, see Trust Lawyer.
Wills can be used as a means of ensuring that property is passed on to those of your choosing after you die. For more information on Wills, see Wills Lawyers.
When planning your estate, consulting with a lawyer will help you understand what is possible under the law and will ensure that your estate is organized properly.
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If you are looking for an estate planning lawyer or law firm, click here and select “Estate Law” to find the lawyer that best suits your needs.