Many people mistakenly believe that if they or a loved one should suddenly die or become incapacitated that a family member automatically steps in and takes control. However, that may not necessarily be true. Unless you plan ahead and take the necessary steps for continuing asset and health care management, the probate court will decide who is in charge - and the person that the court appoints may not be the same person that you would choose. That’s why you owe it to yourself and your family to set up a proper estate plan.
Basic / General Estate Planning
Basic or general estate planning covers the following:
Advanced Estate Planning
For individuals with high net worth a comprehensive estate and/or business succession plan is absolutely crucial to protecting all that you worked so hard to achieve. You want to ensure that your financial assets are adequately protected – from creditors, former spouses, and excessive taxation. Moreover, if you are the owner of a family or closely-held business, advanced estate planning and business succession techniques can be used to protect and preserve your personal and business assets.
A knowledgeable estate planning attorney focuses on advising high net worth clients and family business owners about the different estate planning techniques that are available for their protection. These may include:
Advanced estate planning requires careful planning and thoughtful consideration. LEO NEVILLE will take the time to explain the different options available to you. He will evaluate your specific needs and objectives in order to advise you about the most appropriate advanced estate planning tools available.
The answer is simple - NOW. Waiting for another day or time is easy – especially when your health is good, the future looks bright, and there are many other “pressing” tasks to be done. Unfortunately none of us can predict the future. What will happen to your spouse or child if something unexpected happens to you? ACT NOW - and know that you have done everything you could for your loved one’s future. For more information about Estate Planning, or to schedule an appointment, contact LEO D. NEVILLE at (734) 425-6340.