Estate
planning services
Durable Power of Attorney
A Power of Attorney which has special wording in it which allows
it to remain in force during periods of your mental incompetency
(times you are unable to make a reasonable decision).
Elder
Law
Includes a vast range of issues but has a specific type of
person in mind, seniors. Elder law focuses on the legal needs
of the elderly, and encompasses a variety of legal techniques
to meet the objectives of the older client.
Elder law includes general estate planning issues, counseling
and planning for incapacity with alternative decision making
documents, and planning for possible long-term care needs,
including nursing home care. Determining the appropriate type
of care, coordinating private and public resources to finance
the cost of care, and working to ensure the clients right
to quality care are all part of the elder law.
Estate
Planning
The area of law that deals with planning for the inevitability
of death, such as obtaining life insurance to pay for the
costs of a funeral, preparing a simple Will, and other preparations.
More comprehensive planning, such as preparing a more complex
Will, Trust, and related estate planning documents may also
be needed. It depends on the size of your estate and how comprehensive
your needs are.
Estate
Tax
A burdensome tax by the federal and many state governments
on the property that is given to other people as a result
of your death. This means you not only pay income tax on what
you earn during life, but the same property is taxed again
upon your death. |
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