Estate Planning
Pleasants Law Firm is focused and trained in Estate Planning to help you design your family’s plan for managing your estate after death or during a period of incapacity. People often are confused about Estate Planning and what it means. The word “estate” actually has several meanings besides just land or a house on land.
Beyond that basic real property definition, estate also refers to a person’s total net worth, the total of all assets and property owned, plus non-tangible property and other personal items that you might wish to pass along to heirs after you die. Estate Planning is something everyone should do, even at a younger age or if you believe you only have a small estate.
The main purpose of Estate Planning is preserving the assets you have worked so hard to create during your lifetime. This includes land and buildings, but it also includes items that may not be tangible, such as legal rights, interests and entitlements to real or other types of property and more. Plans also cover property that is located out of state or out of country.
Without putting crucial estate planning documents in place, you could leave your heirs with a major headache to sort out if you are hospitalized or pass away. Estate Planning is certainly an area where an ounce of prevention is worth a pound of cure. We are proud to save our clients’ families thousands of dollars in taxes and legal fees by putting an Estate Plan in place before it is too late.
By consulting with us to draft the documents you need, you get peace of mind today by knowing that, if you are unable to manage your own affairs, everything will be taken care of the way you want. Likewise, you can avoid many expensive Probate and taxation issues by doing Estate Planning now, which helps your heirs deal with their inheritance of your estate after you die.