No matter how hard we try to fight it, death is inevitable. But a proper estate plan can ease the emotional and financial burden on your loved ones.
Estate planning is the process of detailing how your assets will be distributed after you die. If you don’t plan for it now, someone else will have to plan for it later. Declaring you wishes with an estate plan now will ensure those wishes are carried out when the time comes.
Creating an estate plan with Miramon Law will not only help save assets for your beneficiaries, but it will preserve peace of mind, too. Now is the best time to make long-term decisions about dividing your assets. If you do not detail your wishes, there is no guarantee they will be carried out.
But an estate plan considers more than just a will. It includes plans and considerations for a variety of expected and unexpected contingencies.
No one wants to think about it, but what would happen if you suffer a medical condition that left you in a coma, or otherwise incapacitated. With an estate plan, you can detail directives for the medical care you want, and don’t want. You’ll also create powers of attorney to designate whom you want to make those decisions on your behalf should you become unable to make them.
An estate plan also includes trusts and other details to protect minor children or adult children with special needs. A trust in your estate plan includes your instructions for those heirs’ financial care and other needs.
Miramon Law helps clients throughout Shreveport, Bossier City and the surrounding area formulate estate plans. Once the plan is in place, we encourage you to review your plan on a regular basis to account for any changes.
The death of a loved one is an emotional time. You can ease that burden on your family and loved ones by planning ahead for the disbursement of your estate.