While many people believe that estate planning is only necessary for people who are particularly wealthy, have detailed plans for passing their assets, or people who are ill and contemplating their death, this is simply not true. Estate plans are for every mother, father, grandparent, business owner, husband, wife, or anyone who has someone they care about. Estate planning is often seen as “death planning,” but in reality, it can be rewarding for all individuals involved. Estate planning can be a way for you to have peace of mind today and make a lasting difference in the lives of loved ones.
The Schatzman Law Firm provides experience to help guide you through estate planning. Often, estate planning is not as simple as designating assets; rather, it involves addressing hopes and fears for not only yourself, but also your loved ones. Our team will be with you every step of the way, and will help you decide the best plan for your estate.
We know that there are many options for estate planning, and these options can be overwhelming. Varying legal strategies include wills, revocable living trusts, irrevocable trusts, life insurance trusts, and health care powers of attorney. Our firm will help you decide the best strategy for you and your loved ones, and we will be sure that you understand the documents that are created, and understand the maintenance plan that will fit your changing life.
Every person’s estate plan will be different, and with a client focused approach, we want to ensure that your estate plan is unique to your needs and wants. It is our priority that you feel comfortable and confident with your estate plan. The Schatzman Law Firm will take the time to explore your top concerns to develop the right plan for you and your loved ones.
Estate planning should be done for anybody with minor children. Any parent with a minor child should have an estate plan to protect their children in the event of the parent’s death or disability. If a plan does not exist, the court will decide for you what happens and how your assets may or may not be used by or for the benefit of your children.