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Wills & Estate Planning
WHAT IS A
WILL?
A will is a
legal instrument by which you can make a disposition of your real or
personal property, to take effect after your death. By means of a will,
during your lifetime, you can declare your wishes concerning the
distribution of your assets such as cars, stocks, jewelry, real estate,
etc. after you die. If you die without a
will the laws of your state will generally determine who gets your
assets, how they get it and in what proportion. Dying
without a will or "intestate" can lead to fighting between potential
heirs over your assets.
Preparing a
will is relatively inexpensive. A simple will can be prepared by our
attorney for an average cost of $150 - $1,000, depending on the
complexity of your estate.
WHAT IS AN
ESTATE?
An "estate"
for estate planning purposes is the sum total of all the assets you own
or have an interest in at the time of death, including your house, car(s),
business interests, stocks, bonds, bank balances, insurance, jewelry,
etc.
Contrary to
widespread belief, Estate Planning is by no means reserved for those
with sizable estates. Regardless of your age, income, wealth or family
situation, estate planning should not be left for future considerations.
The
following is a summary of the different types of wills we can write for
you:
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Simple and Complex wills
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Power of Attorney
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Living Wills
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Estate Planning
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