Wills and Trusts

Many people seem to think estate planning should only be done when we are older or in retirement. However, experts agree that a will should be written after your first child is born or when you start your career.

Despite what you may have heard, not everyone needs a trust to go along with their wills.  This is an important conversation to have, prior to paying for an expensive trust.

 

Other Important Documents

In addition to having a will (or wills, for a married couple), there are several other important documents that everyone should consider when preparing for events that may occur long before the will/trust could come into play (i.e., Living Wills, Durable Powers of Attorney and General HIPAA Releases).

One major component of estate planning that is often overlooked is the importance of correctly naming beneficiaries.  This designation supersedes anything specified in wills or trusts and, if done in error, will have significant repercussions after it is too late to correct.

Individualized Plan

We utilize the expertise of our estate planning attorney, Michael Blackburn, with Blackburn and Stoll. With more than three decades' experience, Michael can be invaluable in helping you plan for your future. He will examine your unique situation and create an individualized estate plan that will help you attain your goals.

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