“Half of Americans don’t have any of the most basic estate planning documents, including a will, a living will and financial and medical powers of attorney, needed to protect them (and their assets) if they’re incapacitated. “
– Forbes.com, citing a Harris Interactive study conducted for Lawyers.com in 2010
At a minimum, the following instruments are the necessary components of an estate plan:
- Last Wills and Testament (simple and complex).
- Advanced Healthcare Directives/Living Wills
- Powers of Attorney
- Trusts; including, but not limited to, Irrevocable Life Insurance Trusts, Gifting Trusts and Generation-Skipping Trusts
Creating an estate plan is not just prudent, it is essential. An estate plan provides peace of mind in knowing that one’s assets are appropriately preserved for future generations, beloved family members are adequately protected and all last wishes are carefully memorialized.
Nodelman Law prides itself on its longstanding relationships with clients, as well as exceptional work performed in a cost-effective manner.
Are you ready to plan your estate and prepare for the future? Contact us today for a free initial consultation.