Everyone needs to plan ahead for what happens when they can no longer be called upon longer call the shots. Too many people only become concerned with estate planning near the end of their lives, but the truth is that it’s something they should be thinking about long before it may potentially be needed. Estate planning allows you to determine how your medical decisions will be made in the event that you can’t voice your wants and needs and it also uses different techniques to facilitate the transfer of your assets after you pass away. It’s essential to begin planning for the future, and there’s no time to do so like the present.
Each and every situation is unique, so your plan must be as well. Here are some of the ways that the Eghrari Law Firm can help you secure your future and the futures of the ones you love most.
Estate Planning Services
Everyone needs estate planning, not just the elderly. Estate planning is the preservation and the distribution of your assets, both during your life and upon your death. It is accomplishing your personal and family goals and easing the management of your financial and legal affairs, as well as minimizing taxes if your estate is large enough for taxes to be of concern. When we talk about an estate, we mean all assets of any value that you own, including real property, business interests, investments, insurance proceeds, personal property, and even your personal effects.
Problems often arise when a parent with minor children passes away with no estate plan in place, leaving behind potential hardship on the emotional and financial future of their minor children.
Asset Protection & Business Planning
As more Americans become entrepreneurs, they discover that wise business planning is essential to their success today and their financial security tomorrow. It can be a complex and tricky process, so knowledgeable legal assistance is crucial to ultimate success. Our law firm can help you achieve your goals, whether your business is a one-person operation or one striving for a place on the Fortune 500 list. You must look ahead to secure the future of your business and protect your personal assets as well.
Trust Administration & Probate
If your family has experienced the loss of a family member, our law firm can assist you with the legal process that occurs when a loved one passes away. Our law firm strongly believes that a wisely drafted, carefully executed estate plan is the critical component of a family’s wealth management. The Law Firm of Mark S. Eghrari’s guiding principle is to provide families with quality trust administration and probate services tailored to each client’s specific needs and goals. As a result, we offer free, no obligation consultations for any family who has experienced the loss of a loved one.
Special Needs Planning
Ensure your loved one’s needs are met by learning all you need to know about planning for their future. Families who have a family member with a disability must plan for the very carefully because how assets are left after your death can have a tremendous impact on the quality of life for that person. In the past, a will may have been enough, but times have changed. To protect a person with special needs, a well-defined estate plan is vital.
The VA provides monthly aid to wartime veterans, as well as surviving spouses of deceased veterans who require personal assistance in their activities of daily living, but some people have been misinformed—told that they do not qualify for benefits because their income and/or assets exceed the allowed thresholds. Our office is dedicated to helping clients preserve their assets by guiding them through the maze of legal issues, then setting a plan in motion for obtaining these long-term care benefits.