Preserving your family’s wealth for future generations
Whether you’re planning the parameters of your future medical care or you’re establishing support for loved ones upon your death, Richard Alan Kahn can help with estate planning issues, including:
Securing your legacy
You work hard for your family, so knowing that you have planned for their long-term well-being and financial security can bring you comfort. We thoroughly analyze your estate and strategize the best means of transferring your assets, minimizing taxes, establishing guardianship for your children, caring for your pets, supporting personal philanthropic causes and protecting your loved ones.
Draft your last will and testament
A will is essential at every stage of your life. Your will provides the opportunity to distribute your property, name an Independent Executor to serve without bond, establish trusts, establish care for your children and otherwise express your wishes upon your death. A will is necessary to assure your intended beneficiaries succeed to your assets. If you die without a will, it is the court that will determine how your property is distributed, who will serve as personal representative of the estate, who cares for your children and even what happens to your pets — making decisions that might not reflect your desires.
Richard Alan Kahn can draft valid wills to ensure that your intentions are honored.
Changing your will
As your life changes, so might your estate plan. You might need to update your will throughout your life. Richard Alan Kahn drafts valid codicils that address changes in your financial situation, marital status, number of children, philanthropic interests and general lifestyle decisions.
Appointment of guardian
If you have minor children, your will enables you to make decisions about their future care. This is especially crucial if you are a single parent or if both parents die in a common incident. If you do not name a guardian, the court will appoint a guardian for your children —and the court can make decisions that are adverse to your ultimate parenting goals. You can also make arrangements for your pets’ care in your will, including naming someone to take responsibility for your pets.
Contact an estate planning law firm you can trust
To schedule a consultation, call Richard Alan Kahn at 214-706-9090 or contact us online today.