Here at Lane, Felix & Raisbeck Co., L.P.A., we understand just how important it is to plan for the future. While thinking about our own mortality can be difficult, it is a way to ensure the people you love are cared for and the wealth you have worked to build is properly distributed. Our team of attorneys have been providing probate and trust administration advice for decades and can ensure that your requests are met. Learn more about some of the most common types of estate planning services below.
For most clients, a simple yet comprehensive estate planning package consists of a will, general financial durable power of attorney, living will and healthcare power of attorney. Each of these documents serve a distinct purpose.
Your will provides direction concerning important issues such as guardianship for minor children, who will inherit your assets and appointment of a fiduciary to ensure that your directions are properly carried out.
With the general financial durable power of attorney, you appoint one or more persons to handle your personal and financial affairs during your lifetime. The benefits of a properly drafted power of attorney are often overlooked for instance, to avoid the appointment of a court supervised guardian.
The living will declaration documents your wishes regarding life sustaining treatment if you are in a terminal condition or a permanently unconscious state.
Finally, with the healthcare power of attorney, you appoint one or more persons to make healthcare decisions for you in the event you are unable.
If you have any questions or would like to discuss the preparation of these documents, please contact our office.
For help with any or all stages of estate planning, reach out to our team of today.
(513) 922-7700