RETIREMENT ESTATE PLANNING MAY INCLUDE:
Trust Planning
Power of Attorney Provisions
Creating Beneficiary Plan
Establishing Executors, Agents and Trustees
As you grow older, having your estate planning in order can be a wonderful gift to your family and loved ones. A strong Will makes clear your desires for eventually distributing your estate and gives you control over your legacy. As your estate grows you may want to consider creating a Revocable Living Trust that can save your family from the time, cost, and stress of the probate process. With guidance from an attorney, you can ensure heirs and beneficiaries receive assets in a way that manages and minimizes tax impacts.
Establishing thorough Financial and Health Care Powers of Attorney allow a trusted agent to act on your behalf if you are incapacitated due to illness or injury. Having these documents in place can save you from having to appoint a guardian through the court process.