Basis Estate Planning
Putting plans in place to protect your family if you pass away while minimizing state and federal estate taxes at your death.
Without Estate Planning the Government Controls Your Assets If You Pass Away.
Many people think estate planning is only for the wealthy. Not so. Every family should have an estate plan of its own, and have it designed and implemented by an attorney who focuses on this area of the law. Why? For starters, without your own estate plan, the IRS and state of Louisiana will control how your assets are distributed after you pass away. The government is not interested in minimizing taxes, reducing costs, streamlining the distribution of your assets, and ensuring your wishes are carried out.
Another reason to have your own plan is to ensure that you control who makes financial and healthcare decisions on your behalf in the event you are incapacitated. You can rest assured that if that situation does arrive you will receive the level of care you designate in an end-of-life situation. Without a well-designed and properly implemented plan in place, someone can petition the court for control over your assets and medical care…someone that you would not want to make these decisions for you.
Wealth Planning Law Group Provides Essential Estate Planning Services Including:
- Powers of Attorney
- Health Care Directives
- HIPAA Authorizations
- Irrevocable Life Insurance Trusts (ILITs)
We offer a complimentary initial consultation and a flat fee for the work we perform based on the complexity involved. Contact Us today to learn how we can design and implement an estate plan tailored to meet your unique concerns and goals for the future.