Personalized Estate Planning Solutions for Every Stage of Life
Estate planning is the process of organizing your financial and legal affairs to ensure that your wishes are carried out after you pass away or if you become unable to make decisions for yourself. It’s more than just creating a will—it’s about protecting your assets, securing your financial legacy, and making sure your decisions are honored.
At 888ESTPLAN, we help individuals and families create comprehensive estate plans tailored to their unique needs. Whether you’re thinking about passing down a business, protecting your assets, or caring for your family’s future, estate planning gives you the tools to manage your wealth and make informed decisions.
Our Estate Planning Services
Wills
A will is a legal document that specifies the distribution of your assets after death and can name a guardian for minor children. Without a will, the state may distribute your assets, potentially not according to your wishes.
trusts
A trust is a legal arrangement for transferring assets to beneficiaries outside probate. It helps minimize taxes, protect assets, and ensure beneficiaries receive their inheritance as specified.
powers of attorney
Estate planning involves more than what happens after you die. A power of attorney allows a trusted person to manage your finances or make medical decisions if you're incapacitated. There are various types, such as financial and healthcare, each crucial to your plan.
Advance Healthcare Directives
A living will, or healthcare directive, outlines your medical preferences in case you’re unable to communicate them yourself. This document ensures that your wishes regarding end-of-life care are respected, alleviating the burden on your family during difficult times.
Beneficiary Designations
Some assets, such as life insurance policies or retirement accounts, pass directly to beneficiaries outside of your will. It's important to regularly update your beneficiary designations to ensure they reflect your current wishes.
How 888ESTPLAN Can Help
At 888ESTPLAN, we specialize in making estate planning straightforward and tailored to your needs. Our team will guide you through every step of the process, from creating a will or trust to ensuring that all your legal documents are up to date. We know that every situation is different, which is why we work closely with you to develop a plan that reflects your values, goals, and family circumstances.
We’ll help you:
- Draft a will or trust that outlines your wishes.
- Set up powers of attorney and healthcare directives to protect you in case of incapacity.
- Designate guardians for minors and trustees for trusts.
- Review your estate plan regularly to ensure it evolves as your life does.
What does estate planning include, and why is it important?
Estate planning includes drafting estate plan documents to ensure your assets, including real estate, bank accounts, and 401k plans, are distributed according to your wishes. At 888ESTPLAN, we help individuals protect their legacies while minimizing estate taxes and securing their families’ futures.
How much does estate planning cost?
Estate planning prices vary depending on complexity, from a basic estate planning binder to a comprehensive plan with revocable living trusts and beneficiary designations. Our firm offers transparent estate planning fees to ensure affordability without compromising quality. Contact us to discuss pricing options.
What legal documents are included in an estate plan?
A complete estate plan includes a living trust, medical power of attorney, will, transfer on death deeds, and documents specifying surviving spouse and minor children provisions. 888ESTPLAN tailors each plan to meet specific needs, ensuring all necessary protections are in place.
How do survivorship life insurance policies help in estate planning?
Survivorship life insurance policies provide financial security by covering two lives and disbursing benefits after the second death. These policies help cover estate taxes, protect individual retirement accounts, and ensure that beneficiary designations align with your financial goals.
What is the role of a financial planner in estate planning?
A financial planner collaborates with your attorney to integrate retirement planning into your estate strategy. By structuring 401k plans and individual retirement accounts correctly, we help ensure long-term asset protection. Reach out to us to coordinate a holistic estate plan.
What does estate planning for retirement benefits involve?
Estate planning for retirement benefits involves structuring individual retirement accounts and 401k plans to minimize taxes and maximize inheritance benefits. 888ESTPLAN helps ensure these assets are distributed according to your wishes while reducing potential legal complications.
What should attorneys consider for estate planning?
Estate planning for attorneys involves asset protection, proper beneficiary designations, and business succession planning. We provide detailed estate planning attorney contract and estate planning attorney contract template solutions for legal professionals seeking long-term financial security.
How does estate planning differ from family law?
While both deal with legal protections, estate planning focuses on asset distribution and future planning, while family law covers divorce, child custody, and support matters. Our attorneys guide clients through both areas when necessary.