Our Blog


The Importance of Estate Planning

Securing Your Legacy for Generations to Come

“The future belongs to those who prepare for it." - Jim Moran

How prepared do you feel for the future? Taking small steps today can have a profound impact for you and your family's future. As estate planning attorneys, our mission is to help individuals plan for the future, ensuring their families are taken care of and providing them with peace of mind.

We have witnessed numerous families endure unnecessary challenges because they were unprepared. Even if you have a will, it's crucial to understand what happens if you don't have a comprehensive estate plan. In this blog, we'll explore insights into preserving your legacy, ensuring your wishes are honored, protecting your loved ones, and leaving a lasting impact.

How do I preserve my legacy?

Begin by creating a comprehensive list of your assets. Estate planning allows you to maintain control over how your assets and belongings are distributed after your passing. By crafting a clear estate plan, you can minimize conflicts among beneficiaries and ensure that your hard-earned wealth benefits the people and causes that matter most to you.

What are steps that I can take to protect my loved ones?

Estate planning goes beyond distributing assets. It enables you to make crucial decisions regarding guardianship for minor children, care for dependents with special needs, and the appointment of a trusted person to make medical or financial decisions on your behalf if you become incapacitated. By addressing these important matters in advance, you can provide your loved ones with peace of mind during challenging times.

How do I minimize taxes and expenses so my wealth is distributed to my family?

Proper estate planning can help reduce the burden of taxes and expenses on your estate. Various strategies, such as setting up trusts or making gifts, can minimize estate and income taxes and ensure that more of your wealth is passed on to your beneficiaries rather than the government.

How do I avoid probate?

Probate is a legal process that validates a will and oversees the distribution of assets. It can be time-consuming, costly, and subject to public scrutiny. However, with a well-crafted estate plan, you can minimize the need for probate and maintain the privacy of your financial affairs.

What happens if I become unable to manage my finances?

No one likes to think about the possibility of incapacitation, but it's important to be prepared. Through estate planning, you can establish powers of attorney, healthcare directives, and living wills that outline your wishes regarding medical treatment and end-of-life decisions. By doing so, you retain control over your own affairs and alleviate the burden on your loved ones during challenging times.

How do I take the first step?

Preparing for the future is easier than you think. Please reach out today and let's connect about protecting your loved ones, preserving your legacy, and gaining peace of mind knowing that your affairs are in order. Our expertise lies in simplifying the complex process and creating a tailored plan that suits your unique circumstances.

Does Power of Attorney End at Death?

Posted by Laura E. Stubberud | Dec 30, 2022 | 0 Comments

A power of attorney is a powerful planning document that enables you (the principal) to give another person (the agent or attorney-in-fact) the power to act for you while you are alive. Because it is often prepared in the context of estate planning, many believe it gives their agents the power...

Ending Guardianship of an Adult

Posted by Laura E. Stubberud | Dec 07, 2022 | 0 Comments

While a guardian can support the protected person by making important decisions, in some cases, an individual may wish to change or dissolve the arrangement. The ward, their family, or other involved people might feel that the guardian is not doing a good job. They may then petition the court fo...

When Does a Person Lack Capacity in a Guardianship?

Posted by Laura E. Stubberud | Nov 10, 2022 | 0 Comments

The guardianship of an adult, in which a judge appoints an individual to make choices for a person over 18, is appropriate when the adult lacks capacity. Capacity is a general legal term that refers to a person's cognitive ability. For instance, when people lack capacity to make a will, they cann...

Social Security Disability Benefits to Rise for 2023

Posted by Laura E. Stubberud | Oct 26, 2022 | 0 Comments

The Social Security Administration has announced that its beneficiaries will see a significant increase – totaling nearly 9 percent – in their monthly Social Security checks come January 2023. This cost-of-living adjustment (COLA) is the largest boost to Social Security benefits in more than 40 y...

Three Changes You Must Report as an SSI Recipient

Posted by Laura E. Stubberud | Oct 25, 2022 | 0 Comments

Supplemental Security Income (SSI) is a monthly payment issued to disabled children and adults who have income and resources that are under an amount set by the Social Security Administration (SSA). There are many important factors that determine your eligibility for SSI. SSI recipients are respo...

  • 1 of 12

Call us today at 702.625.9260. You’ll receive the highest level of personalized service.