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Different studies have put the percentage of American adults that do not have even a basic will at anywhere between 40% and 60%, much less other essential documents.  Putting together a legacy & estate plan is put off for many reasons, from reluctance to face one's own mortality, to fear of the expense of having documents drawn up, to the belief that if you don't have a taxable estate, you don't need to deal with it.

I treat this part of my practice in two components, legacy planning and estate planning.  Legacy planning is  the basic documents so your loved ones (human or animal) are taken care of when you are gone.  Legacy planning can include:

  • A Will
  • A Medical Directive or Living Will
  • A Durable Power of Attorney for Property
  • A Durable Power of Attorney for Health Care
  • A HIPAA Authorization
  • A Power of Attorney for Digital Assets

Estate planning consists of the more advanced financial and tax related issues, such as planning to minimize estate tax consequences.  

If you have not drawn up legacy or estate planning documents, or if you would like to have your current documents reviewed, please click the CONTACT line or the envelope button above and get in touch.