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A Will defines how a person wants their assets divided at the time of their death. The Will should be drafted as part of an overall estate plan for the person or married couple considering the Will. Traditionally, a Will is the foundation of any estate plan.
In addition to the Will, consideration should be given to powers of attorney, living Wills, trusts, life insurance, and non-probate assets in the overall estate plan.
A guardianship is established to provide for the care of a minor or incapacitated adult. Olimpia Law Firm, PLLC can help you select the best guardian for you or an elderly, disabled or incapacitated loved one. The relationship between the guardian and the ward is much like that between a parent and a child. The decision making power removed from a person should be as limited as possible and every effort should be made to observe the adult’s rights and dignity.
In addition to the Will, consideration should be given to powers of attorney, living Wills, trusts, life insurance, and non-probate assets in the overall estate plan.
At Olimpia Law Firm, PLLC we love helping people. We specialize in wills, probate, estate planning, guardianship, and trusts. Contact us today to learn how we can help you.
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