Seeking Help from a Law Firm for Estate Planning and Elder Law
Estate planning is the process of creating and managing assets, property, and possessions during an individual's lifetime and after their passing. This can include everything from a will to a trust to ensure that loved ones are taken care of. When it comes to estate planning, many people look to professional attorneys who specialize in this field.
Types of Estate Plans
- Will: A will is a legal document that outlines how you want your assets and property distributed after you pass away.
- Trust: A trust is an individual or organization that holds property for the benefit of others, often to prevent family disputes or ensure fair distribution of assets.
- Power of Attorney (POA): POA gives someone authority to act on your behalf in financial and medical decisions if you become incapacitated.
Elder law is a specialized area of estate planning that focuses on the needs and rights of older adults. This includes issues related to aging, healthcare, insurance, and long-term care.