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Estate Planning is the process whereby a person develops a plan and prepares documents to conserve, protect, and distribute estate assets before and after death for the benefit of loved ones and charities, taking into consideration the effect of state and federal tax and administrative laws and regulations. It can also involve planning for the use of your assets for your care if you become unable to manage your affairs during your lifetime.
If you own a home, have some savings, or own any goods such as a car or furniture, then you have an estate. Planning for the future will affect the financial security of those you love. If you don't plan for what happens to your estate upon your death, the government will make those decisions for you.
You should have an estate plan if:- you care about who inherits your property;
- you care about your health care treatment;
- you are the parent of minor or disabled children; and/or
- you want to avoid the public proceedings of a possible guardianship and/or probate.
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At the Law Offices of Segaul and Stoll, we provide careful planning and good decisions. That's why we dedicate the time to design plans that are tailored to meet your unique needs and help ensure a secure future for those closest to you. We provide practical solutions to estate planning and asset protection concerns to accomplish our clients' wishes, including maintaining management and control of their estate, while at the same time avoiding probate, protecting family members, ensuring their financial privacy, obtaining peace of mind, and avoiding unnecessary taxes. We understand that every estate, regardless of size, is an important one.
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