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Create A Will, Plan Your Estate Or Administer An Estate With Understanding Of Tax Aspects

Benjamin Franklin once said, “There are only two things certain in life: death and taxes.” While no one likes to think about their own mortality, thoughtful people realize the importance of preparing for the inevitable with a sense of purpose.

At Folds Walker, LLC, we place a high priority on meeting clients’ needs. In the area of estate planning, this means listening first and then guiding clients toward the solutions that they need, including:

  • Wills
  • Powers of attorney
  • Advance health care directives
  • Trusts, such as special needs trusts, generation-skipping trusts, irrevocable trusts and revocable or “living” trusts

As You Consider This Topic, The Time To Act Is Now

Who should be concerned with estate planning? Any adult with assets and anyone with family members and/or favorite charitable causes is wise to put plans into writing. Marriage and parenthood often trigger awareness of the importance of estate planning. Married couples nearly always find it beneficial to undertake estate planning together. Likewise, engaged couples considering prenuptial agreements often realize they should align these documents with estate plans.

We do not recommend do-it-yourself estate planning because of many opportunities for error. Anyone can benefit from discussing estate goals and exploring options with a knowledgeable, attentive estate planning attorney. Our lawyers are available to help you, or you and your spouse, prevent will contests, tax pitfalls and estate litigation.

Discuss Your Estate Concerns With One Of Our Experienced Attorneys

A solid estate plan is like insurance: It can prevent or solve future problems. Failing to adequately plan for what happens to your estate upon your death, or how you want your affairs handled in the event of your incapacity, could lead to unwanted outcomes having to do with health care decisions, property ownership, taxes and more. If your assets are high, tax considerations may be a primary concern. Discuss ways to protect your legacy with our help.

Folds Walker, LLC, is prepared to provide the advice and counsel that you are looking for as you seek to create or update your estate plan. An explanation of the probate process, as well as final tax returns and other necessary legal steps post-end-of-life, can help you design an estate plan that will make things easier and clearer for those who handle your final affairs someday.

Learn more. Schedule a consultation by email or call 352-729-3814.