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A Last Will and Testament is a key part of your estate plan. If you don’t have a Trust, your Will contains the provisions directing who gets your assets when you die, and if you have minor or disabled children, who cares for them. Working with an experienced wills attorney will ensure that these details are both clearly defined and legally enforceable. But keep in mind—Wills go through probate.
If you do have a Trust, a Will is still necessary. Your wills attorney can create what's often called a "Pour-Over Will" to cover any assets not titled to the Trust and to name guardians for minor children. Whether your plan includes a trust or not, it's important to work with an attorney who will ensure everything is properly signed, customized, and executed so your wishes are followed.
Whether you need a simple Will or a Pour Over Will and Trust, working with an experienced wills attorney will ensure that all the factors for your particular economic and family circumstances are being considered. Since the Last Will is the basic building block of any estate plan, it is essential that it has been properly prepared and executed so it is legally sound.
The estate planning attorneys at Gaggos Flaggman, PLLC are here to listen to the details of your unique situation and create an estate plan that makes the most sense for you and your loved ones.
Schedule a ConsultationA good estate plan helps you avoid probate, minimize taxes, protect your assets, and ensure your wishes are followed. It usually includes documents like a Last Will, Power of Attorney, Patient Advocate
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If you want to leave an inheritance to someone with a disability, careful planning is essential. A direct gift could disqualify them from receiving Supplemental Security Income (SSI) and Medicaid. To avoid