These clients were a married couple that wanted to provide for their son and the wife’s daughter. They also had three properties that they wanted to fund into a trust to ensure that they would pass down to their children at their death.
We created a Trust plan for them including a:
- Pour Over Will;
- Financial Power of Attorney;
- Healthcare Power of Attorney; and
- Living Will.
The Pour Over Will provides backup in case the clients miss putting any assets into the trust. It allows the personal representative, or trustee settling the estate, to “pour” any assets outside of the trust into the trust.
The Power of Attorney documents provide for the couple if they are ever in a situation where they cannot make financial or medical decisions for themselves.
We prepared the Health Care Directive for end of life decisions, and to take the mystery out of what the couple would want to happen to them if they are ever in a permanent vegetative state.
We also created a set of Power of Attorney and Health Care documents for their son.
Need estate planning help but not sure where to start? Click the link to check out this free presentation I put together that will answer all your questions (it’s basically the talk I give at potential client strategy sessions):
And, if you know you just want to talk, click the link below to schedule a free strategy session with us: