An estate plan is essentially a roadmap to ensure that your wishes are known and respected, providing clarity and guidance to the family and allowing you to leave a legacy that extends far beyond material possessions. When you partner with Scott Counsel, our estate planning team will help you craft a thorough estate plan that not only safeguards your assets, but also addresses the complex legalities surrounding estate distribution.
Comprehensive estate planning encompasses each of these details:
- Power of Attorney: Gives an appointed person the legal power to handle your finances or make medical decisions.
- Will: Determines who inherits what, names a guardian for minor children, and identifies your estate’s personal representative (executor).
- Living Will: Identifies which life-extending measures you want when you cannot speak for yourself.
- Trust: Supplements a will and is an excellent vehicle for reaping tax savings
- Guardianship: Names an adult to care for minor children or may also be a representative with the legal authority to make decisions for a person who is unable to make their own.
- Estate Tax Planning: A strategic plan to reduce potential estate tax liability by either reducing the amount of property in the taxable estate or minimizing the valuation of the property in the taxable estate.
- Special Needs Trust: This specialized trust provides for individuals with special needs for their entire life, while preserving their eligibility for Medicaid and Medicare benefits.
We understand that every family’s needs are unique. Our personalized approach ensures that your estate plan is tailored to your specific goals and values. It all starts with a call to Scott Counsel for a FREE consultation.
Virtual Consultations Include the WHOLE Family
When families live far apart or seniors have mobility issues, a virtual meeting with Scott Counsel makes it easy to include everyone in the conversation.