Estate planning is more than the creation of Wills and Trusts. Estate planning is a process. It involves people–your family, other individuals and, in many cases, charitable organizations of your choice. It also involves your assets (your property) and the various forms of ownership and title that those assets may take. And it addresses your future needs in case you ever become unable to care for yourself. Through estate planning, The Law Office of Chad Knott can help you determine:
- How and by whom your assets will be managed for your benefit during your lifetime if you ever become unable to manage them yourself.
- When and under what circumstances it makes sense to distribute your assets during your lifetime.
- How and to whom your assets will be distributed after your death.
- How and by whom your personal care will be managed and how health care decisions will be made during your lifetime if you become unable to care for yourself.
Estate planning can involve financial, tax, medical and business planning. Wills and trusts are part of the planning process, but other documents may be needed to fully address your estate planning needs.
Schedule a consultation with Mr. Knott. He will summarize the estate planning process, and illustrate how it can help you meet your goals and objectives.