Most people think that estate planning begins and ends with writing their will. If you’re one of these people, you’re missing out on many benefits of savvy estate planning. Our St. Clair County, AL estate planning lawyer develops the right estate plan to protect your family and finances now, with strategies to help you meet your future goals. You never know what the future will bring, but you’ll be prepared for the unexpected, with a robust estate plan from the attorneys at Bachus, Brom & Taylor, LLC. Call us today for a consultation.
Everyone has an estate, even if it’s a modest one. Real property you own, money, and other possessions comprise it. Estate planning is the process of valuing your estate and determining who you wish to inherit after you pass away. It also involves protecting your assets from burdensome taxation, avoiding probate, and preserving your assets from seizure while you’re still alive. Creating one or more trusts, for example, can help you become financially eligible for Medicaid without losing everything you’ve worked your life to earn. Or, a trust can fund a child’s education, or ensure that your spouse has a steady income to live on after you pass away.
Our St. Clair County estate planning lawyer reviews your current financial position and gets to know your goals, which may include saving for your child’s college tuition or keeping your family home in the family. Estate planning can help you plan for retirement and protect your assets while you’re living, not just determine who inherits after you pass away.
We develop a solid will that can withstand a challenge and, depending on your needs, trusts, powers of attorney, and advanced directives on your behalf. As your needs or relationships change, such as a marriage or divorce, we can alter your estate plan to reflect your changed preferences. We can also address matters related to the guardianship of a minor child or a relative with special needs. Our attorneys help you protect what matters most.
A good estate plan reflects the grantor’s wishes and is created in accordance with the current Alabama Estates Code. Our St. Clair County estate planning lawyer keeps abreast of changes in the law that could affect your estate plan and finances, and suggests changes to your estate plan as your life changes. We work with you to ensure you enjoy the fullest protections under the law.
Do you need to create an estate plan or update an existing one? Call Bachus, Brom & Taylor, LLC today to get started.
