Estate Planning will ensure that your last wishes are carried out, enable you to choose the person to be the guardian of your minor children, reduce or eliminate estate taxes, and provide a seamless transition for the transfer of your property without court involvement, reducing the cost to your estate and the stress on your heirs. Estate Planning also protects your assets from your heirs’ creditors.
At Cota Cole & Huber LLP, we can assist you or your loved ones with the following Estate Planning services:
Eliminate Probate Fees and Court Cost
A trust is administered privately, so no court proceedings are required, saving probate fees and court costs. Trusts also allow the person you have selected to carry out your wishes to do so without going to court or encountering lengthy delays.
Reduce or Eliminate Inheritance Taxes
What Congress will do with estate taxes in the future is uncertain. Our attorneys can provide counsel to minimize the tax burden on your estate.
Provide for Special Needs
Good estate planning can provide for the care of special needs persons well beyond your death—in many cases, without interfering with the government assistance they receive.
A trust is not appropriate for everyone. For smaller estates, a will may be the appropriate tool to transfer your assets. In other cases, it may be appropriate to use other devices to transfer property.
Durable Powers of Attorney for Property Management and Health Care
Durable Powers of Attorney assure that someone you trust will make crucial financial and health care decisions for you when you are unable to make them for yourself. Durable Powers of Attorney also ensure that your end-of-life wishes are honored.