ESTATE PLANNING

Estate planning is the process of anticipating and arranging, during a person's life, for the management and disposal of that person's estate during the person's life, in the event the person becomes incapacitated and after death. The planning includes the bequest of assets to heirs and may include minimizing gift, estate, generation-skipping transfer, and taxes. Estate planning includes planning for incapacity as well as a process of reducing or eliminating uncertainties over the administration of a probate and maximizing the value of the estate by reducing taxes and other expenses. The ultimate goal of estate planning can only be determined by the specific goals of the estate owner and may be as simple or complex as the owner's wishes and needs direct. Guardians are often designated for minor children and beneficiaries in incapacity.

ESTATE PLANNING

Estate Planning is not just for the wealthy. Just about everyone needs estate planning in some form or another. So many people express wishes verbally to their families but don’t follow through with the proper legal planning necessary to carry on family values, keep the peace in their families and provide financial security for their loved ones after they are gone. A proper estate plan also helps prepare for your end-of-life care, retirement, and for situations where you may be incapacitated.

Without a legal estate plan, the placement of your assets, minor children, bank accounts, etc. will be determined by a probate court. This could result in arrangements counter to your wishes. Creating the proper estate plan allows you to determine how your financial legacy lives on.

Our estate planning services provide appropriate documents such as:

Your will
Revocable living trust
Powers of an attorney regarding finances and health
Health Care Directives
Title deeds of your property
Funding letter
Assignment agreement

At the Granville Group law firm, we don't just explain the law to you; we explain how the law affects you. We are equipped with the most up to date state of the art research, analysis, and technology available in the world of estate planning. By actively listening to you, we can create and administer a custom trust-based plan and/or will that reflect your unique situation.