Estate planning at Halling & Cayo, S.C. starts with education. We counsel our clients so they understand the legal nature of their assets, what happens to those assets if they die without an estate plan in place, and understand the estate planning options that are available to protect and seamlessly transfer those assets.
Next, we help our clients develop an individualized plan that meets their unique estate planning needs. Some of the estate planning tools we use include:
- Advanced Directives/Living Wills
- Revocable and Irrevocable Trusts
- Special Needs Trusts
- Pet Trusts
- Gun Trusts
- Preparation of Beneficiary Designations
- Powers of Attorney
- Irrevocable life insurance trusts
- Planning for same-sex couples
- Cohabitation agreements
- Marital property agreements
Implementation in every estate plan is key. We work with our estate planning clients to make sure documents are properly executed, beneficiary designations are properly completed, and agents are notified so that their estate plan functions as it was intended.
Estate plans should be updated to reflect life changes. Changes to family, assets, or health can thwart a good estate plan if not addressed. We work with our estate planning clients to periodically review their plans and make adjustments when appropriate. We work with new clients to review estate plans that have been in place for several years to determine if changes are needed.
One estate plan does not fit all. Unique circumstances like planning for disabled individuals, living or extended travel abroad, providing for pets, and transferring title to firearm or out if state property require special attention. Conversely, over-planning can unnecessarily drive up costs and complicate estate plans. We get to know our clients and help them achieve the right balance in their estate plan.
Contact Halling & Cayo, S.C. and ask to speak to one of our estate planning attorneys about your estate planning needs.