Law Office of Laura S. Hayes

providing peace of mind to clients with prompt & efficient legal services

Protect yourself, your family and your loved ones by creating an estate plan today. It is never too early or too late to protect yourself, your loved ones and your property before you become incapcitated, disabled or upon your death. 


   

The following is a brief list of estate planning services we provide:

*WILLS- A Will is a legal document that designates a personal representative to handle your affairs upon your death. A Will designates how your property is divided upon your death and can even delegate loved ones to care for your minor children in the event you pass away. A Will is an essential document that everyone should have no matter how young, old, rich or poor you may be.

*TRUSTS-A trust is a legal arrangment whereby money and property is owned or managed by one person for the benefit of another. There are several types of trusts, the most popular is the revocable living trust. A revocable living trust can be used to avoid guardianships, probate and reduce estate taxes in certain circumstances.

*POWER OF ATTORNEY- A power of attorney is a legal document whereby a person designates a third party to act on behalf of an individual (the principal) without requiring active participation by the principal. A power of attorney can prevent a family member from having to request a guardianship or a conservatorship in the event the principal becomes incapacitated or disabled. A power of attorney is only effective while the principal is alive.

*LIVING WILLS- A living will designates a person's wishes in the event that person has a terminal illness or becomes permanently incapacitated. In other words, a living will designates whether, in the event you are terminally ill or incapacitated do you want to be kept on life support, resuscitated, given antibotics, etc.

*GUARDIANSHPS/CONSERVATORSHIP- In the event a person (the Ward) is unable to handle their affairs because of age, incapacity or disablity, the Probate Court can appoint a Guardian or Conservator to handle the affairs (health related or financial) of the Ward.

 

Whether you are young, old, rich or poor it is important to have an estate plan to insure that your wishes are carried out after your death. t is never to early to begin estate planning. Most adults should have an estate plan, regardless of the value of their estates. Unexpected events occur and you should have your estate in order. A good estate plan can assist in preserving your property for your heirs, protecting your assets and reducing federal taxes upon your death. Most people do not realize that an estate plan can protect you during your life as well as upon your death. A well thought out estate plan can protect you and your family in the event you become incapacitated, disabled or at the time of your death.