The estate planning attorneys at Longstreet Elder Law & Estate Planning have the skill, knowledge and experience necessary to develop and implement an estate plan to achieve your objectives. Our goal is to assist clients with estate planning in a non-crisis situation by providing straight forward, honest guidance about the individual needs of our clients. Keeping our clients’ needs in the forefront of our minds is what sets us apart from other estate planning attorneys. Estate planning is not just about what happens to your assets after you pass away. In order for an estate plan to be truly effective, it must address all of the issues, from death and disability to Medicaid and nursing home care.
Let the experienced attorneys at Longstreet Elder Law & Estate Planning help you and your loved ones navigate this course of your life. Keep in mind, no one plan is right for everyone, and our experienced attorneys take the time to determine which type of estate plan will best serve our clients needs now and in the future.
When planning out your future and the assets you possess for when you are in your time of need, let our attorneys help guide you along the way. Many questions come up along the way, allow Longstreet Elder Law & Estate Planning to be there for you and your loved ones to answer those questions honestly and with great thought.
YOUR ESTATE PLAN SHOULD DO ALL OF THE FOLLOWING:
Would you benefit from having a Living Trust or is a simple Will adequate?
A will is a legal declaration that indicates how your property will be distributed at the time of your death. It is revocable and subject to amendment at any time during your lifetime. It also allows you to appoint a guardian for your minor children if needed.
A living trust provides lifetime and after-death property management. If you are serving as your own trustee, the trust instrument will provide for a successor upon your death or incapacity.
Living trusts also are used to manage property. If a person is disabled by accident or illness, the successor trustee can manage the trust property. As a result, the expense, publicity, and inconvenience of court-supervised distribution of your estate can be avoided.
Which option is right for you and your family? Let the attorneys at Longstreet Elder Law & Estate Planning help you plan for your future. We will consult with you and help guide you through your questions and ensure you choose the proper route for you.
What is the difference between a medical and financial Power of Attorney?
A medical power of attorney authorizes healthcare decisions to be made on your behalf by a designated individual, while a financial power of attorney allows for an authorized individual to oversee your finances if needed. The professionals at Longstreet Elder Law & Estate Planning are here to help you choose the right direction for you.
A financial power of attorney permits someone you have designated to oversee your finances. Typically, it is used so the person can step in and pay your bills or handle other financial or real estate matters. It can be a designation for a financial professional acting on your behalf, or you may use it to designate a trusted friend or family member to handle matters if or when you cannot physically or mentally do so yourself.
Who should you appoint to manage your affairs when you die or if you become incapacitated?
Getting your affairs in order and making the hard, but important decisions is where the experts at Longstreet Elder Law & Estate Planning can help. We will work with you and your family to ensure you have the right person in place to manage your assets in your time of need. Asking the proper questions and being reassured you are in good hands is something we offer to all of our clients. Having a living trust, power of attorney, or a will in place before things are overwhelming and hard to manage is what we like to ensure is taken care of on your behalf.