Estate Planning

"There are two certainties in life: death & taxes." — Benjamin Franklin

 

Many people avoid or delay discussing estate planning, and that can be a serious mistake. Good planning makes it more likely that your wishes are honored and often reduce taxes, legal expenses and family conflict. 

Estate planning should address not only death and other end-of-life issues, but also matters related to incapacity.  With longer life expectancies, issues of morbidity and incapacity are increasingly important.  

Financial Plans & Strategies can deal with complicated issues, but we prefer to provide simpler and less expensive solutions if those will meet your needs. Financial Plans & Strategies monitors all your assets for proper beneficiary designations and titling that address both your financial and estate planning needs. 

Michael J. Meiners, P.C. is an affiliated firm of Financial Plans & Strategies operated by attorney Michael Meiners. We focus on estate planning and the preparation of estate planning documents. The firm uses proper titling and beneficiary designations for assets and trusts and transfer on death deeds to avoid probate when feasible, but the firm can deal with probate issues when necessary.  It also prefers to avoid legal guardianships through the use of general durable and health care powers of attorney, but can deal with guardianships if necessary.

Michael J. Meiners, P.C. can prepare any of the following legal documents to meet your estate planning objectives:

  • Simple wills
  • Wills with testamentary trusts
  • Living trusts
  • Credit shelter trusts
  • Qualified Terminable Interest Property (QTIP) trusts 
  • Special needs trusts (Gifts to minors, etc.)
  • Personal residence trusts
  • Irrevocable life insurance trusts
  • Charitable trusts
  • Living wills
  • Durable powers of attorney for health care
  • General powers of attorney for business

To learn more about Michael J. Meiners, P.C. estate planning services, please contact us here.