Get The Relief And Peace Of Mind An Estate Plan Provides
Estate plans offer many benefits — they allow individuals to determine how their assets will be disbursed upon their deaths, designate guardians to care for minor children, create trusts that protect family legacies and name trusted individuals to make health and financial decisions on their behalves. However, perhaps the greatest benefit provided by an estate plan is peace of mind.
At Cogdill Nichols Rein Wartelle Andrews (CNRWA), we create estate plans that protect our clients’ assets and their families no matter what the future holds.
Located in Everett, our firm represents clients throughout the Seattle area. Call us at 425-247-3984 to schedule a consultation with one of our estate planning lawyers.
Why Hire An Attorney?
In the age of the internet, many people turn to online do-it-yourself tools to create their own estate planning documents. These online documents take a one-size-fits-all approach to estate planning and often provide generic, fill-in-the-blank wills. While the resulting “estate plan” may provide some protection for you and your family, the resulting document may not do what you think it does.
Every state has different rules and procedures governing estate plans. Failure to meet specific requirements could cause your estate plan to fail. If your estate plan is not valid, the directions you provided will not be followed by the probate court. In addition, these forms offer little flexibility.
At CNRWA, we create estate plans that are as unique as your family. We work closely with our clients to determine what their individual goals are, then build comprehensive estate plans that ensure their final wishes are met.
Estate Plans Specifically Tailored To Your Family’s Needs
When drafting an estate plan, our lawyers consider all aspects of our clients’ lives. Are there certain assets that need protection? Will a certain planning vehicle avoid federal estate taxes? How does our client’s family dynamic impact the estate planning tools we choose?
Once we have evaluated our clients’ financial and familial situation, we develop estate plans that provide protection for them, their families and their assets. Common issues addressed in estate planning documents include:
- Asset protection, including the preservation of family legacies
- Naming guardians to care for minor children
- Creating trusts
- Avoiding probate
- Naming guardians and powers of attorney
- Ensuring inheritance rights of children in blended families
- Providing clear and concise direction to reduce the possibility of interfamily disputes
- Direction regarding the disposition of remains and funeral arrangements
- Long-term care planning
- Reducing tax consequences