Our law offices are fully capable of offering you the estate planning services you need from simple wills to more complex estates, which may include a will and trust arrangement. The attorneys in our office can also draft auxiliary estate documents such as power of attorneys (including general power of attorneys and durable power of attorneys), health care proxies (also known as a living will or a health care directive), and guardianship documents for minor children.
Having an estate plan allows you to have the ultimate control over your assets, both during your life and upon your death. An estate plan is essentially an arrangement for the conservation and transfer of your assets at your death. Your estate is comprised of your assets and your assets include everything that you own by yourself or jointly with someone else; these are assets such as your home, your car, stocks, pension plans, etc.
The foundations of a solid estate plan include your will, perhaps a trust, a durable power of attorney, and a health care proxy (also known as a living will).
A will is a legal document that sets forth your wishes for the disposition of your assets at your death; you may also include guardianship provisions in your will, which is especially important if you have minor children.
A trust is a legal document that details instructions for holding and managing the property that you desire to place in your trust; this property can include your real property, and/or your tangible and intangible personal property.
A durable power of attorney allows you to designate someone to have the legal right to make decisions for you in the event that you become incapacitated and are no longer capable of making such decisions on your own.
A health care proxy (living will) allows you to designate someone to make health care related decisions for you in the event that you cannot make such decisions for yourself (for example, because you are in a coma or have become incapacitated).
It does not matter whether your plan for your estate is simple or complex, so long as you have a plan. Planning allows you to have the ultimate control over your assets and other important matters, rather than leaving these decisions up to the state and the courts.
Planning can also allow you to take advantage of certain tax vehicles enabling you to conserve your assets for your heirs and children. Proper estate planning is often motivated by the tax implications that can arise from not having an estate plan. With the proper planning, our lawyers can help your family and designated beneficiaries to receive the most assets that are possible from your estate.
Our Law Firm represents clients throughout Connecticut (CT) and New York (NY). Areas that our attorneys cover include, but are not limited to:
- Fairfield County (Brookfield, Danbury, Bethel, Monroe, Newtown, New Fairfield, Sherman)
- Litchfield County (New Milford, Bantam, Bridgewater, Litchfield, Kent, Washington, Torrington, Watertown, Woodbury)
- New Haven County (Waterbury, Southbury, Middlebury, Naugatuck)
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