The greatest benefit of estate planning is peace of mind. Most often the term “estate” is closely correlated with land ownership, but when it comes to estate planning, land is only a small fraction of what needs to be taken into account. Other considerations include: provisions for minor children and family members with special needs, development of living wills and trusts, transfer of business assets and instructions for the passing of your values.
Estate planning is an ongoing process with a multitude of benefits, including the minimization of taxes, court costs and legal fees because if no plan is in place after the passing of an individual, state and federal laws determine what happens to an estate. No matter what phase of estate planning your family is in, our team is ready to help you navigate the intricacies of this highly important and influential practice.