Estate Planning: Wills, Trust, Probate, and Guardianships
Are you one of the 70% of the population who does not have a will?
If so, your lack of planning will burden your family with the responsibility of sorting out your affairs, paying unnecessary legal and court fees and hiring other professionals to evaluate your estate.
What you should know about wills:
- Without a will, your estate will be divided by the State without concern for your wishes.
- Writing a will makes your wishes clear to your family, preventing disagreements after your death.
- You can change your will as many times as you like during your life.
- Your will should be reviewed by an attorney periodically to ensure it complies with the law. Poisson, Poisson and Bower, pllc offers a complete range of will, power of attorney, living will, estate planning and estate administration services to help you make the best decisions for yourself and your family.
Estate planning preserves your money and assets for the benefit of your family. Proper planning leaves more money for your heirs, reduces estate tax and can control how your heirs use their inheritance. You need estate planning if you plan to leave property, a business or investments to your children or family members. The following documents are also important in the event that you become incapable of making decisions for yourself. These documents can be tailored to match your exact wishes.
Durable power of attorney
This enables another person to act on your behalf in managing your rights or assets during your lifetime.
Health care power of attorney
This allows a person designated by you to make health care decisions for you in the event that you are not capable of making such decisions for yourself
This allows you to declare what means will be used to prolong your life in the event that you fall ill to a terminal or incurable illness or that you fall into a persistent vegetative state.
For over 30 years, George C. Bower has represented families in matters of trust and estate management. Mr. Bower and his experienced staff will work with you to develop the plan that best suits your family’s needs.
In the Wilmington office, Ms. Poisson handles estate-planning matters and works closely with Mr. Bower and his staff to ensure you and your family’s needs are taken care of.
The costs associated with a will and proper estate planning are less than you think, and the benefits will continue into future generations. Failing to plan will burden your family with more than just estate taxes. Make estate planning your last gift to your family.
Contact Mr. Bower for a free consultation on your will and estate planning needs. You can download our Estate Planning brochure as a PDF file Contact the firm for more information or to schedule an appointment with George C. Bower.