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Protecting Legacies With An Estate Plan

Last updated on May 20, 2020

At Cooper & Cooper Law Offices, PLLC, we are passionate about helping individuals protect their legacies. We understand that planning for the future can seem like a grim experience, but it is something that we all have to think through.

Estate planning can help your family and loved ones understand your final wishes regarding your property and health care. This important step allows you to create a road map for them to follow when you are gone and can simplify the probate process.

Many people put off or forget about making an estate plan, neglecting important legal security. Using the tools, an estate plan often eliminates many of the questions and complications that arise after someone passes away.

When you decide it’s time to think about the future, our Elizabethtown estate planning lawyers can help you design a meaningful plan. Your plan can direct assets, control property, pay final taxes, list funeral arrangements, and designate a guardian for children.

Regardless of your estate size, making a plan will greatly benefit your loved ones. At our firm, we never hand out cookie-cutter estate plans. We will review your estate in detail, helping you decide what type of estate plan best fits your specific needs.

Our goal is to customize and personalize your plan as much as possible, ensuring that it effectively protects your estate.

Why Should I Create An Estate Plan?

An estate generally consists of bank accounts, stocks, life insurance policies, real estate, vehicles, collectibles, and other valuables. While not all estates will include these items, it is still helpful to create a plan. Even the smallest estates should have a legal document that identifies the family members or loved ones you wish to inherit your property once you pass away.

With an estate plan, you can also ensure that your assets and property are transferred to those individuals. You can also minimize the taxes that will be taken out of your property, allowing your beneficiaries to receive more of your property.

Estate plans can also eliminate the amount of time that your loved ones spend in court, through trusts or other tools.

Estate plans are not only for transferring property and assets but also for health care preferences. You can do this by including a living will or medical power of attorney in your plan. This allows you to specify what type of life-prolonging treatment or medical care you want to receive if you were to become incapacitated. You can also include what type of treatments you don’t want, such as surgery or certain drugs.

Let Us Create Your Custom Estate Plan

At Cooper & Cooper Law Offices, PLLC, we understand there is a vast amount of tools and options for estate planning, which helps us to create a custom plan that meets your needs. If you would like more information on creating a meaningful estate plan, call 270-561-6155 or fill out an online case evaluation.