Estate Planning Attorney Fort Wayne

Wills & Estates Attorney Fort Wayne

Estate Planning, Power of Attorney, Last Wills & Testament

There are several terms that come to mind in this area of the law, such as probate, estate planning, estate administration, wills, trusts, power of attorney, Medicaid planning, and others.

Although some aspects of these can be very complicated, the estate planning and administration attorneys at Perry Law Office in Fort Wayne will assess your needs to figure out which estate planning tools you need to carry out your wishes upon your incapacity or death, as well as assisting family members after the passing of a loved one in making sure the estate is probated accurately and timely, or aiding you with obtaining a guardianship.

As a general concept, estate planning simply means the efforts you make prior to your death or incapacity to prepare for who will manage your assets if you become too ill to manage them yourself, and who will receive your assets when you pass away.

One option is to not do anything. We do not recommend that - you may think that is because we will make a profit from you creating an estate plan (which of course is somewhat true as we do charge for estate plans). However, we often make MORE money from estates where the person had no will and no plan because, quite frankly, an unplanned estate can be chaotic, disorganized, and unnecessarily complicated and therefore more time consuming, which means higher attorney fees. By spending a little time and money now, you not only put your family at ease but also leave more for them in the long run. An up-to-date estate plan coupled with personal organization is an act of love toward your family.

Effective estate planning takes into consideration both incapacity and death, which is why we recommend a will, power of attorney, health care power of attorney, and a living will. We can also discuss Medicaid planning with you.

We believe we have very competitively priced estate plan packages and our experience attorneys can guide you through the entire process. Contact the Estate Planning Lawyers at Perry Law office today for a free consultation to discuss your options.

A last will & testament should provide simple, straightforward directions to your loved ones, and can be used to give specific personal property items, monetary gifts, real estate, and other devices to individuals or even charities. A will should also name a "personal representative (the modern term for an "executor) to carry out the terms of your will and work with the estate attorney on handling anything that needs to go through probate. Your will can also be used to name a guardian for a minor child, create a trust for family members who are too young to handle direct gifts, and even provide for the care and financial needs of family pets.

It's never too early or late to get one. Talk to an attorney to discuss your needs for a will.

A Power of Attorney (POA) is a document that gives legal authority to another adult to act on your behalf regarding financial matters and any other non-medical related decisions based upon parameters set by you such as when a doctor can confirm you are incapacitated, or even immediately for your convenience and assistance in handling financial matters.

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