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An estate plan is a series of documents in which you provide instructions and declarations regarding your care if you were ever mentally or physically incapacitated and how your assets should be distributed upon your death. A good estate plan provides both financial and personal benefits.
It may include a Financial overview and recommendations, Beneficiary Designations, Last Will and Testament, Testamentary or Living Trust, and Living Will.
If you have designated beneficiaries for certain assets, those assets will transfer to your designated beneficiaries even if you don't have a will or any other estate planning.
Anything that you have not designated to a beneficiary will pass to our closest relatives through the laws of Intestate Succession.
Who cares for your children if you and your spouse die? Do you want a say in who will care for your kids or a judge who doesn't know them? How do you ensure your children have assets to provide for them through the age of majority or beyond?
Estate Planning with an attorney will help you name a guardian for your children, obtain adequate life insurance coverage to secure your children's financial future, and prepare a trust to make sure that money is spent responsibly.
O'Brien Law Firm, LLC is a law firm that is focused on meeting your family's needs. Contact us today to begin crafting your Estate Plan!
This website is for informational purposes only. Using this site or communicating with O'Brien Law Firm, LLC through this site does not form an attorney/client relationship. This site is legal advertising.
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