Creating An Estate Plan That Works For You
Estate planning puts not only your mind at ease but also those of your loved ones. Having a proper estate plan in place helps your family from guessing what your wishes might be for who will be in charge of your estate and the people who will receive the assets you own, and who will be the legal guardian of your minor children in the event of your death. Raymonda Chakhtoura, PLLC, will work with you to create a plan uniquely tailored to your goals and needs.
Attorney Raymonda Chakhtoura will also work with you to help you decide whether to have a will or trust, whether you need a financial and medical power of attorneys. Her knowledge of how the various parts of estate planning work together will ensure that the plan she creates for you is what you need and what will work for your family.
What are Some of the Documents That Make Up An Estate Plan?
Even though your estate plan should be unique to you, the documents created and drafted are often similar from plan to plan. These documents include:
- Power of attorney
- Advance health care directive/Living Will
- Will/Pour Over Will
- Revocable Living Trust
- Irrevocable Trust
- Guardianship and trust provisions in Will or Trust
Attorney Chakhtoura will walk you through the benefits of each of these documents to determine which ones should make up your plan. She will help you update documents as needed after life events such as a divorce, birth or death. Not updating your documents may mean an asset goes to someone who is either unable to receive it or you no longer wish for them to receive it.
A Helping Hand For Litigation Cases
Issues can come up with Wills and Trusts. Wills have to be probated and sometimes family does not agree with the Will distribution of a deceased family member. So there is litigation in the probate of the Will or the administration of a Trust. If you find yourself dealing with a dispute or litigation in any of these areas, Attorney Chakhtoura can help you through the litigation process.
Guiding You Through The Planning Process
When you take the time to create a carefully thought-out estate plan, you can rest easy knowing your wishes and goals concerning your estate matters are known and spelled out in the documents drafted.
Attorney Chakhtoura will take the time to understand the wishes and goals you have with your plan to make sure the proper documents are used and that they are drafted to ensure and implement those wishes and goals within the purview of the law.