We will do this by creating one or more of the following:

• Last Will and Testament – a legal document that expresses a person’s wishes as to how their property is to be distributed after their death, as well as the management of his or her affairs following his or her death. The will also designates an Executor to administer your estate. Without a will, your assets will be distributed according to your state’s Intestacy Laws. These are default rules that are followed to dispose of a person’s estate after he or she dies.
• Trusts/Special Needs Trusts – Trust planning or special needs planning is an effective tool that’s often used in Estate Planning wherein a grantor sets up a plan that will ensure financial stability and security of a beneficiary, often a child, grandchild or individual with special needs. A trust fund can hold investments, cash, real estate and other assets to be distributed in the future and in accordance with the specific terms of the trust.
• Power of Attorney – A financial power of attorney allows you to delegate to the person of your choice the ability to manage assets that are titled in your individual name, including retirement plans, as well as assets titled in joint names as tenants in common. Nearly all powers of attorney that are done in connection with an estate plan are “durable”. This means that the Power of Attorney will take effect upon the signing of the document and will remain in effect even if you become incapacitated.
• Living Wills/Health Care Directive – An advance healthcare directive, also known as a living will, contains a set of written instructions for your physician as to whether you want to receive life-sustaining procedures if you have been diagnosed with a terminal condition, end stage condition or are in a persistent vegetative state. A living will also allow a particular person to speak for you, should you be unable to speak for yourself with respect to medical decisions.