We've got a plan
All clients want to know that their wealth will be enjoyed and allocated -- during their lifetime and after their death -- according to their wishes and with a minimum of tax liability. The process of personal and family financial planning therefore begins with a complete assessment of the client's assets and potential liabilities, business as well as personal.
In this effort, we prefer to work with financial planners or CPAs selected by the client; we can also recommend experts to the client.
We are not qualified to give investment advice as such, and we do not give it.
We never accept compensation from a seller of financial products or insurance.
Structure Your Business Plan
The financial health of a business and the personal finances of its owners are frequently linked. Thus, when we help structure a business or a business plan, we integrate the owners' personal financial plans as well.
The process of personal and family financial planning begins with a complete assessment of the client's assets and potential liabilities, business as well as personal.
With the client, our attorneys can design and implement personal and family financial plans that might include:
- Wills
- Revocable and Irrevocable Trusts
- Power of Attorney
- Medicaid Plans
- Living Wills and Medical Powers of Attorney
- A tax shelter and investment analysis
- Tax-wise charitable giving, including conservation easements
As counselors, we make certain we fully understand our client's wishes and that these wishes are clearly stated in plain English. This is particularly important in preparing an estate plan, when the most sensitive issues arise. We lead the client and family, step by step, through the entire procedure of estate planning and settlement, and take time to discuss important personal legal issues, from children's guardians to one's right to die. We frequently present or participate in educational programs that help instruct the public on these important matters.
Consider an Estate Plan Checkup
We recommend seeking professional legal advice and guidance for your estate planning following any major life change, such as marriage, divorce, separation, childbirth, adoption or retirement. You may have new needs, new priorities, and new ideas about who you would like to have handle your affairs if you die, and who you would like to take care of your children. You may also need to consider who would make medical and other decisions for you if you cannot do so.
The experienced lawyers at Younge & Hockensmith can help you with your estate planning
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