Everyone eventually needs to consider how to distribute their property and their financial obligations in the event of their untimely departure from this life. At Volk Law Offices, P.A., our Estate Planning specialists are here to assist you in making those decisions.
Estate Planning allows you to identify the family members, other loved ones and others that you wish to receive your property after you pass away. It ensures that your property will be transferred to those you have identified as quickly and with as few legal hurdles as possible while minimizing taxes. An Estate Plan can also avoid the timely and costly probate process by utilizing Trusts. Besides property distribution, an Estate Plan can also cover life-prolonging medical care you wish to receive should you be unable to make your wishes known when the time comes, set forth funeral arrangements you would like, and how related expenses are to be paid. An estate plan also helps continue your financial activities and meet your needs if you are not able through a Power of Attorney.