Estate Planning
Everyone needs an estate plan. There are many options. Chapin can explain them and update your plan or create a new one.
Having an estate plan gives you and your loved ones peace of mind, eases the grieving process and helps prevent family conflict.
A proper estate plan addresses your concerns about everything from tax consequences to family dynamics, including decisions around passing on the family cabin or snowbird property. Getting the right documents in place will ensure that your wishes are fulfilled.
Estate plans can include many options.
Will
- Everyone needs one
- Says where you want your assets to go
- Names guardians for minor children
- May not protect your estate from going through probate.
Trust
- Optional, depending on your situation
- Provides legal protection for your assets
- Effective during your lifetime
- Remains in effect after you die
- Avoids probate
Power of Attorney
- Empowers another to make financial decisions if you are unable to act for yourself.
Health Care Directive
- Everyone age 18 or older needs one
- Directs your medical care and treatment if you can’t speak for yourself
- Much more than an online form