Estate planning is defined as the process of planning for the orderly administration and disposition of assets after the owner dies. While we are alive, we spend most of our time worrying about making a decent living. “Can we buy a new house? A new car? What about that trip I’ve always wanted to take?”
Estate planning allows to plan for lifetime objectives and to offer direction about the disposition of assets after death. Furthermore, estate planning can include wills as well as living trusts, durable/medical power of attorney. Our estate planners at Farrah Tax Advisory Group and Retirement Planning work with you to analyze and grow what is most important to you & your family. Estate planners inform you of the many estate planning options and allow control over the to be decisions made. Our experienced estate planning attorney can work on your planning to assure that your hard work results in the accumulation of assets that are protected from liabilities.
We can refer you to Dennis A. Kist, Esq. for your estate planning needs. We are confident in Mr. Kist and have retained him for our own legal representation. Mr. Kist has been practicing law since 1980 and will meet with you in our offices in order to keep your legal fees as low as possible. Therefore, Mr. Kist can review your financial estate and advise you on a variety of estate planning options. Ultimately, everyone should consider their estate planning needs and Mr. Kist will make himself available for you at our offices.
As the year’s pass, you find that you’ve built up an estate and have achieved the success you always wanted. But then, focus starts shifting away from taking care of yourself, and making sure that loved ones will be cared for. That’s what estate planning is all about.
Some traditional methods of estate planning include:
- Living Trusts
- Durable/Medical Power of Attorney