Estate Planning
Estate planning is the process of creating a plan for the distribution of your assets after you pass away. This can include wills, trusts, and other documents that outline how your estate will be managed and distributed.
- Will: A will outlines how you want your assets to be distributed if you predecease your spouse or heirs.
- Trust: A trust is a legal document that holds assets for the benefit of specific individuals or entities, such as children or charitable organizations.
Elder law deals with issues related to aging and disability, including guardianship, conservatorship, and long-term care planning. These laws vary from state to state, so it's essential to consult with an attorney who specializes in elder law.
Tax Law
Tax law involves understanding how your assets are taxed and how taxes are structured. This includes knowledge of income tax, property tax, and estate tax laws.