Estate planning is the creation of a plan for managing your assets while you are alive and distributing your assets after you die. The main goals of estate planning are to avoid probate and to make sure your assets are distributed according to your wishes. If you have a well-drafted estate plan in place you will ensure that your assets pass to whom you want, when you want, and in the manner you have chosen. With a proper estate plan in place your family will not have to endure the costly, lengthy and public probate process. Proper estate planning can also help prevent the government from taking what you have spent a lifetime building.
The attorneys at Grafe & Batchelor can draft an estate plan that fits your goals and needs. That is why our appointments almost always start off with a discussion of client goals. It does no good to draft an extensive estate plan if client goals can be accomplished through non-probate transfers. We take the time needed to get to know each client and their individual goals and needs before deciding how to proceed. We will never try to sell a service that is not needed. We will help make the transition of your assets as painless as possible for you and your beneficiaries. That is why we specialize in estate planning while clients are living instead of litigating probate issues or handling probate cases where estate planning was either non-existent or handled improperly. A properly constructed estate plan should eliminate the expense of and need for litigation after you are gone. There is nothing worse than watching the value of an estate decrease due to unnecessary litigation after someone dies.
Estate planning has involves a number of tools, including:
- Revocable Living Trusts
- Irrevocable Trusts
- Pourover Wills
- Life Estates
- Beneficiary Deeds
- Living Wills and Health Care Directives
- Powers of Attorneys (medical and financial)
- Proper Beneficiary Designations
- Other Non-probate Transfers
You need to be aware of the many options that exist in estate planning – and you must choose your estate planning attorney wisely. Let the attorneys at Grafe & Batchelor help you with your estate planning matters.
Contact a Missouri estate planning law firm you can trust
For estate planning services in Festus and throughout Jefferson County, call Grafe & Batchelor, P.C. at 636.933.9151 or contact us online to schedule a free initial consultation.