Estate Planning Section

1: You Need a Good Estate Plan

A good estate plan will help you prepare for the future and manage the present. It will benefit you and your heirs immensely.

Estate planning is usually not a do-it-yourself project. You’ll be faced with critical decisions that only a professional estate planner can help you make.

Simply defined, estate planning is the process of thoughtfully providing for the efficient transfer of your assets to your heirs and charitable interests in accordance with your wishes. It is a testament that affirms not only how your estate will be distributed, but also what kind of a legacy you will leave behind and the impact it will have for future generations.

Estate planning isn’t just for rich people or older people. Everyone should do it. It can begin with the simplicity of writing a will, but it can also involve trusts, changing beneficiaries of life insurance policies and retirement accounts, selecting guardians for minor children, providing lifetime income for yourself and others, minimizing taxes and other estate settlement costs, or passing on business interests and providing for your charitable interests.

Here you can learn how to get started. A little informed preparation can go a long way in building your confidence in this process.

Next: What is a good estate plan?


Estate Planning Questions

Why is a will so important?

Do I need a revocable living trust?

What is a durable power of attorney?

What is a durable power of attorney for healthcare or a health care proxy?

What is a living will?

What is a testamentary trust?

Will I have to pay estate or inheritance taxes?

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Mental Illness Statistics

Since its opening, the multi-disciplinary staff has provided inpatient and outpatient services to over 70,000 individuals and families.

Depression, Post-Traumatic Stress Disorder, Alcoholism and Traumatic Brain Injury are the most common causes of casualties in the wars our country is fighting; and last year suicides accounted for more deaths than combat.

Research shows that early diagnosis improves a patient’s rate of recovery. In addition, since genetics can play a role in mental illness, early screenings may help patients understand their possible risks.