Creating a solid estate plan is essential for anyone that wants to help provide for their family when they are gone. It’s never fun to think about death, but it’s important to remember that death is simply part of life. An estate plan allows you to lay out what you want to occur after you pass away. It means that all of your last wishes will get taken care of and that your assets will move to the people that matter the most to you. If you are looking for a lawyer to help guide you through the estate planning process, look no further than Derryberry & Associates LLP. We offer a variety of estate planning services to help your family avoid unnecessary hardships. Keep reading below to learn a little more about some of the estate planning services we offer.
1. Create a Will
A will is an essential document in estate planning that allows you to leave your assets to the specific people that you want. It’s a great way to layout exactly what you want to occur with your assets after you pass away and provide for your family. You don’t want them to have to figure out how to distribute all of your wealth without having any input from you. We can help you create a legal will in a streamlined and straightforward process.
2. Determine Medical Directives
Another estate planning service that Derryberry & Associates LLP can help out with is creating medical directives. You never know when you might be dealing with serious health conditions that require your family to make decisions for you. Instead of leaving it up to them, you can create legal directives that will help your family make choices about your health without any issues. Decisions like life-prolonging care should not be left up to a specific family member. You can have all of your medical care wishes down legally by working with one of our estate planning lawyers.
3. Minimize Taxes
One of the big problems that people don’t often think about when it comes to estate planning is taxes. If you don’t have a solid estate plan in place, the government will tax your estate extensively. The good news is that there are some ways to reduce the tax burden of your estate after you pass away. Derryberry & Associates LLP can help you out with finding ways to minimize taxes on your wealth so that your family gets what they truly deserve.
4. Designate Beneficiaries
During the estate planning process, you should take a moment to consider who you want to name as beneficiaries. These are the people that will receive benefits if you pass away. You can layout beneficiaries in legal documents by working with one of our estate planning attorneys.
These are only a few of the great estate planning services offered by Derryberry & Associates LLP. Reach out to us today if you have any questions about estate planning or would like to get started on your own estate plan.