Hays Firm LLC understands that every individual and family is unique. In order to create an effective estate plan, our estate attorneys analyze clients’ individual needs and directly discuss the different methods for managing and eventually distributing their assets.
Estate Plan Foundations
The bedrock of any estate plan is the creation of necessary documents including wills, trusts, powers of attorney and health care directives.
The amount of wealth an individual has is irrelevant to their need for an adequate estate plan. Whether a person has significant assets or is just beginning to build wealth, Hays Firm LLC can help set up a plan for the distribution of property and the care of minor children in the event of death.
A proper estate plan considers not only a client’s current asset portfolio, but also their short and long-term goals. Once goals are identified, we work with our clients to determine the approach that best fits their needs and draft the documents necessary to establish and implement the estate plan. These documents may include:
- Trusts (revocable or irrevocable, living or testamentary, and special needs)
- Powers of Attorney for Property
- Powers of Attorney for Health Care
- Health Care Directives (also known as living wills).
Everyone can benefit from a consultation regarding their estate plan. It is also advisable to periodically review a estate plans, and if necessary, amend the documents. Please contact an estate planning lawyer at Hays Firm LLC by calling (312) 626-2537 or via e-mail.