Estate – Planning Strategies to meet all your goals
Estate – Planning Strategies to pursue all your goals
From the simple to the complex, you need to consider your estate and get some basic documents in order and refreshed if it’s been years since you’ve reviewed. We all need, in place, and known to some member of your family at least the following:
- A medical directive
- A durable power of attorney for healthcare and HIPAA release
A durable power of attorney for healthcare allows you to make healthcare decisions for your loved ones. A HIPAA release gives you access to your their health records and physicians.
- A durable power of attorney for finances
- A revocable living trust
- A will
There are many tools and techniques we can use in this area that can be utilized to satisfy what you ultimately want for your estate, including, if needed, reducing the value of your estate by proactive and aggressive gifting, utilizing tax advantaged trusts in any number of ways. And, always with the advice and guidance of a competent and capable estate planning attorney.
I have professional resources to offer you. People with whom I’ve collaborated to design very creative and successful solutions to each client’s unique requirements.