Lee Law Office provides advice to clients in Richmond, VA and surrounding areas who want to make an estate plan to protect their future, family and assets. You should never assume you are too young to need an estate plan. If you care about what happens to your assets and family after you are gone and if you want to take control of what will happen if you get sick, you need to work with an experienced attorney to make effective use of legal tools to make plans for your future.
Our legal team helps people of all ages, and people with all different levels of assets, to find the right estate planning tools to use and to ensure they have accomplished their goals for maintaining their autonomy, keeping their wealth safe and protecting the people they love. When you are ready to make your personalized plans, give us a call today to talk with Richmond estate planning attorneys to get help with your estate plan and to get answers to questions you have about the estate planning process including:
- Why do I need estate planning services?
- What should be a part of my estate plan?
- How can a Richmond estate planning lawyer help me?
Why Do You Need Estate Planning Services?
It is important to make an estate plan so you can address what will happen if you get sick and what will happen after you pass away. If you do not make a plan, your family could be put into a difficult situation in the event of your incapacity or death. Your loved ones may not know your wishes, and it may be unclear who should make decisions on your behalf and manage your assets when you no longer can. Your loved ones may have to go to court, costs may be high, and family fighting may occur over things like medical care for you in an emergency or distribution of your assets after your death.
If you do not make a plan, not only do you lose the chance to protect your family and control your destiny, but you also lose the chance to protect your assets and you consign yourself and your loved ones to having default laws apply to determine some of the most important issues in your life. If you don’t want the division of your wealth to be determined by intestacy law and if you do not want a court appointing a guardian of its choosing to make your decisions if you are incapacitated, you need estate planning services.
What Should Be a Part of Your Estate Plan?
Since your family, assets, and personal goals are unique to you, your estate plan needs to be personalized to you as well. When you work with Lee Law Office, we will have a detailed discussion with you about your estate planning goals. We will take steps to help you understand the different ways you can achieve your goals using available legal tools and we will help you to make a plan that is right for you. We’ll help you to implement your plan and keep it updated throughout your life as your circumstances change.
Some of the different legal tools that you may wish to make a part of your estate plan may include:
- A last will and testament, which specifies who inherits assets that you do not pass through other means such as pay-on-death accounts.
- Advanced directives for healthcare so you can specify your preferences for medical care in an emergency.
- A power of attorney so you can determine who will act on your behalf in case of your incapacity.
- Trusts, which give you far more control over an inheritance you leave to loved ones and which allow you to take steps to protect assets.
Lee Law Office assists you in using these and other tools to create not just a legacy plan, but also an incapacity plan, an asset protection plan and more.
How can a Richmond Estate Planning Lawyer Help You?
Lee Law Office works with people of all ages and in all family circumstances, from young new parents to seniors concerned about end-of-life issues to individuals diagnosed with serious illnesses. We will treat your situation with the compassion and understanding that you deserve as we help you to make choices on sensitive and important issues. With assistance from our Richmond estate planning lawyers, you can put a comprehensive plan in place and have the peace of mind of knowing your family will be protected no matter what life brings.