Estate Planning

At Hudson, Potts & Bernstein, LLP, our estate planning and succession attorneys use practical legal strategies to comply with your wishes after your death through an effective and clear estate plan that best protects your hard-earned assets.

Our legal team will develop a comprehensive estate plan that suits your needs. We can help develop a plan that will save resources for your family, protect your own interests, and fill in any gaps that a will doesn’t address.

Developing a Comprehensive Estate Plan with an Attorney

The following are some documents that our estate planning attorneys can prepare for you and help to implement after your death:

Wills

• Designate who will receive what assets and property after your death

• Designate who will be responsible for your children if there are no legal parents

• Give instructions for charitable giving

• Who will serve as executor of your estate during probate process

Our lawyers will help you draft effective and enforceable wills so that your hard-earned property is protected.

Trusts

Trusts essentially transfer ownership of your assets and property over to the trust even though you still can manage your property until you pass away. A trust gives you more power over the distribution of your property.

A trust doesn’t have to go through probate saving your family time, money and energy. Trusts also come with tax benefits and can shield your property from creditors.

Powers of Attorney

Having a designated power of attorney is critical to you for your end of life care. When you sign a powers of attorney, you can designate an individual to manage your affairs and make important decisions for you. Whether it’s for financial or healthcare reasons, you can have one power of attorney or two, depending on your wishes.

Probate Process

Our succession attorneys can also assist executors of estates during a probate process. Estate administration can involve different tasks including:

• Filing taxes

• Paying accounts

• Managing investments

• Notifying beneficiaries

• Inventory of property

• Distribution of property

• And more

If you have any questions or concerns about estate planning or succession planning, call Hudson, Potts & Bernstein, LLP to schedule an appointment.