Planning for your family’s needs after you are gone may be more difficult than it seems. Although wills may seem simple and uncomplicated, there are many legal factors that must be considered before creating one, including tax requirements, legal ramifications and financial needs of those that are left behind.
Whether you need a simple will or have an estate that requires extensive planning, Elaine J. Schwartz has been an advocate for families for almost 20 years, focusing on the needs of the elderly and their families. Elaine reviews all the options available regarding:
- Revocable Living, Irrevocable Insurance, Grantor Annuity, Qualified Personal Residence, Charitable Lead and Charitable Remainder trusts;
- Wills and Pour Over Wills;
- Family Limited Partnerships;
- Declaration of Domicile.
Elaine understands that no two families have the same needs when it comes to wills, trusts and estate planning, and she gives personal attention to each case. Elaine can help protect elderly family members from fraud, can assist with life care planning, and asset preservation for the all members of the family.
Many younger people neglect to plan for when they are no longer here, thinking that wills, trusts and estate planning are limited to the elderly. Although Elaine has extensive experience with the legal needs of older people, she also realizes that young people can be struck by tragedy as well. An accident or illness can lead to an early death, and without proper plans in place, your loved ones could face financial difficulty, unreasonable tax burdens or an inability to make the decisions necessary for your end-of-life care. Elaine can help arrange for guardianship of minor children, trusts that will ensure their financial stability and Living Wills that will detail your wishes should you be unable to express what those wishes are.
Elaine understands the challenges that face not only the elderly, but young people who want to make their wishes clear, protect their families and manage the issues that often face people as they age, including disability and the possibility of long-term illness. Wills, trusts and estate planning can not only protect your assets, but protect your family as well.
Contact Representative Elaine J. Schwartz regarding a consultation to review your will, trust or estate plan. If you have not made such arrangements, Elaine can help you from the beginning to establish a plan that works for your situation.