COMPREHENSIVE ESTATE PLANNING SERVICES FOR FAMILIES
Estate planning is one of the greatest gifts you can give to yourself and the people you love. It allows you to decide who will receive your property, life insurance benefits and other valuable assets — and it allows you to make your medical and end-of-life care choices clear. By making your wishes known with a will and other estate planning tools, you can prevent misunderstandings among family members during a difficult time, and you may be able to minimize probate costs and taxes for your beneficiaries.
We Want To Help You With Your Estate Planning Concerns
There are certain times in life when establishing or updating a comprehensive estate plan is especially important: marriage or domestic partnership, divorce, the addition of a child to your family through birth or adoption, or other changes to the structure of your family.
Estate planning can seem complicated, but with the right help it can be a relatively straightforward and even fulfilling process. Mr. Bedor can often meet your needs for a flat fee.
At the Law Office of Stephen J. Bedor, we recommend retaining an experienced estate planning attorney who will take the time to understand your wishes and goals and make sure your plan is tailored to your individual situation. Attorney Stephen J. Bedor has more than 30 years of experience and offers the personalized service you need to protect your family and build your legacy.
Protect Your Loved Ones by Creating An Estate Plan And Keeping It Up To Date
We have ample experience with many estate planning instruments, including:
Legal wills allow you to distribute assets, name a guardian for your children and ensure your wishes regarding certain personal property are clear
Living wills or health care powers of attorney can help you ensure you receive the medical treatment you wish should you become incapacitated
Durable powers of attorney give a trusted person the authority to make your financial decisions if you are unable to do so
Irrevocable life insurance trusts (ILITs) can allow you to leave up to $3.5 million (the 2009 exemption) to your children through life insurance without their being required to pay estate taxes
Special needs trusts can provide for a minor child or adult with a disability
Charitable trusts or charitable remainder trusts can distribute property directly to a school, charity or place of worship upon your death
Attorney Bedor can help you evaluate these and many other estate planning options, including both revocable trusts and irrevocable trusts. He can also advise you on important issues you may face. For example, divorced parents should know that if they leave substantial property to a minor child without creating a trust, the court will appoint a conservator or manager to handle the financial issues involved — and the person most likely to be named is your child's other parent (your former spouse). On the other hand, a trust can give you the flexibility to decide who the trustee will be and at what age your child should receive the trust assets.
Our firm also handles guardianship and conservatorship issues involving minor children.
Contact us to schedule your estate planning meeting with a lawyer at 503-212-4878.