Helping Stark County With A Wide Range Of Estate Planning Services
The Importance Of Creating An Estate Plan
Creating a solid estate plan is important for people in all walks of life. From entrepreneurs to recently married couples to retired baby boomers – we all have important aspects of our lives that we want to plan for should we die or become incapacitated. Through a variety of estate planning tools, we can do just that.
There are many different types; however, the most beneficial estate planning document for you will depend on your circumstances and the goals you wish to accomplish.
Common Types Of Estate Planning Documents
Here are a few common estate planning tools utilized:
♦ Wills – These types of documents include provisions that detail how you wish to distribute your property after you die, and to whom. They also include provisions regarding the person you want caring for your minor children in the event something should happen to you.
♦ Powers of Attorney – These types of documents identify the individual you wish to take control of certain aspects of your life in the event you are incapacitated or cannot make decisions on your own. There are many types of powers of attorney. A medical power of attorney, for instance, gives power to an agent who will make decisions regarding your medical or health care. A financial power of attorney authorizes a specific person to manage your finances.
♦ Trusts – These types of documents include provisions that transfer legal ownership of certain property you own to a person or entity. The property is kept in a trust and managed by a designated individual known as a trustee. There are many different types available, such as special needs trusts, charitable trusts and revocable trusts.
Finding The Estate Planning Document That Is Right For You
At Baker, Dublikar, Beck, Wiley & Mathews, our attorneys have drafted wills, trusts and many other estate planning tools for individuals located all throughout Stark County.
Our firm has built a reputation for providing trusted, respected legal representation since 1986. All of our lawyers possess at least 20 years of experience in various fields of law.
If you need help with an estate plan, let us help you.
During our first meeting, we can talk about what you wish to accomplish and the associated costs. Then you can take time to think about it. There is never pressure to sign anything during our first meeting together.
Call 330-470-7780 to schedule a consult with one of our estate planning lawyers today. Flexible appointments are available.