Trusts for Families with Adult and Minor Children
Estate Planning is crucial for you and your family, whether you are single with or without children, married with or without children, have minor children, adult children, or are part of a blended family, we want you to be confident your family will be taken care of if you are incapacitated or when you die. We can help you protect your loved ones from the expense and emotional toll of the probate process; minimize federal taxes; plan for your incapacity through agents designated to manage your financial affairs and your health care; plan for your minor children with a Kids Protection Plan®; support your favorite causes and charities; and most of all, we provide you peace of mind that when we say we are your "Lawyers for Life," we mean it. We will be there for you as your life changes to help capture the good and not so good moments and help your family through the process.
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We'll always represent your best interests.
Trusts for Asset Protection
Nobody expects to be sued. Just ask the 20 million people involved in lawsuits last year.
Divorce, inheritance, health issues, creditors, employees, theft, changing markets, malpractice suits, sexual harassment claims, natural disasters and disgruntled business partners are just a few issues that can result in devastating lawsuits for unprepared business owners. The highest level of risk falls on those who think they are immune.
The more success you have (especially in business, professional practice or real estate activities), the more at risk you are as others see your success grow.
Here's some of the "risky behavior" you may be engaging in right now: Will you be signing loan documents, a personal guarantee or a lease? Do you have rental properties or employees? Are you an attorney or physician? Do you work in construction or perform professional services? Are you getting married and have children from a prior marriage or separate property assets you are bringing into the marriage.
Here's the thing: all of these activities are activities we want to see you do more of! They are, in many ways, the spice of life. But we don't want that spice to become too hot and impact your life negatively.
That's where we come in. We can set up your business and life structures to ensure that you can take maximum risk with minimum worry.
We assist our clients in determining the appropriate level of asset protection planning for their particular circumstances. We will consider insurance, prenuptial agreements, asset segregation, choice of jurisdiction, gifting, LLCs, partnerships, corporations, and legal mechanisms to protect your assets and ultimately, your family. Customized combinations are layered depending on the needs of the client and as appropriate.
Comprehensive Planning
Real Property
Depending on your circumstances, we will transfer your real property to specific people, or to your Trust. We will prepare and record the necessary deeds to ensure your estate plan captures your wishes.
Powers of Attorney
We help you select the right agents to act as your power of attorney. These agents will manage your financial affairs in the event of your incapacity, or even when you are alive and well, but need the convenience of an agent to act for you.
Advance Health Care Directives
We help you select the right agents to act as your health care agents. These agents will make decisions regarding your health and end-of-life requests, and make decisions for your body and burial after your death.
Guardianships
Almost 70% of parents have not yet named legal guardians for their children. Consider taking the very first step that every parent must have in place, regardless of your net worth, and name legal guardians for your children for the long-term.
Click here for a link to our Kids Protection Page.
If you do nothing, the decision about who would raise your children (if something were to happen to you) could be left up to a judge to decide. We know that's not what you want. And truth is there may never be a perfect solution for you, but there is definitely a solution that is better than your children being raised by someone you didn't choose.
Responsible parents protect their children, and that means you must think about the unthinkable.