Estate planning is important because a good estate plan can provide for the orderly distribution of a client’s assets. Executing a will is necessary to provide for distribution of a testator’s real and personal property and assigns certain individuals to perform in fiduciary capacities as executor/trix and trustee. At Parker Law, PA, we can review your assets, debts and responsibilities to determine an appropriate plan for clients.
In certain situations, trusts are helpful to provide for the needs of family members or to protect certain assets. A good estate plan will allow a client to establish how to hold/transfer assets to meet the needs of his/her family. A typical estate plan will include a will, power of attorney (to allow clients to assign an agent to manage his/her finance and business needs), health care power of attorney (to allow clients to assign an agent to make his/her health care decisions) and a living will. Parker Law, PA can execute a smart estate plan to meet clients’ needs.