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Estate Planning
You are on a flight going somewhere and a thought came to mind. What if the plane crashes? What’s going to happen to my family? Who will take care of them?
We’ve all had thoughts about what-ifs at some point in our lives. We at Jackson Abdalla Law Group understand that dealing with the difficult issues surrounding the guardianships of children, inheritances, distributions of assets, and any contingency plans that may affect your wishes is not easy.
Make sure your family has adequate protection against lawsuits and conflicts if you become incapacitated or die. Be sure to create a legacy of love that extends beyond just money.
Why You Need an Estate Plan
A comprehensive estate plan is a legal document that spells out exactly how an individual wants his or her property distributed upon death. This includes assets such as real estate, bank accounts, stocks, bonds, life insurance policies, retirement plans, and more.
A comprehensive estate plan also provides for the care and support of loved ones after the owner dies. For example, it may include instructions regarding medical decisions, funeral arrangements, and even which family members will receive inheritances.
The most important aspect of a comprehensive estate plan is that it covers all aspects of an individual’s financial situation. If someone doesn’t have a will, he or she could leave behind debts, unpaid taxes, and other obligations that would otherwise go to the government.
In addition to providing for these matters, a comprehensive estate plan helps ensure that individuals’ wishes are carried out. Without a plan, there is nothing stopping anyone from taking advantage of an individual’s possessions during his or her lifetime.
For example, if an elderly person leaves $1 million to his children without a will, those children might decide to spend the money instead of investing it. Or they might keep the money for themselves rather than share it with their siblings.
This is why having a comprehensive estate plan is so important. With a plan in place, everyone knows where each piece of property belongs.
Our Promise
We are dedicated to helping our clients find the best path toward a bright future. As such, we are personally invested in all of our client’s cases. We understand just how hard and challenging legal matters can really be. Other law firms only care about their bottom line, but we know that our legal experience has the ability to change lives for the better. Let’s face it – legal problems are no laughing matter and hiring an inexperienced attorney can haunt you for years to come. That’s why we treat every case we work on with the utmost care and respect. Even within the same legal practice, no two cases are ever exactly alike. For that reason, we are always attentive and responsive to our client’s unique needs.
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