Why is Estate Planning Important?

• So someone can step in to make healthcare and/or financial decisions if you are alive but no longer able to make those choices yourself.
• So you can give:
  • What you have
  • To whom you want
  • When you want
  • How you want!
• To protect your loved ones.
• To save on taxes and professional fees.

During the estate planning process at The Levinson Firm, our attorneys will share why everyone over the age of 18 should consider setting up a Durable Power of Attorney and an Advance Healthcare Directive. We also spend time educating families on the best option for them - Wills vs. Revocable Trusts (sometimes both)! You will learn how to avoid probate when you pass away.

During your planning, you will also learn ways to protect your money even through divorces or creditor issues for your beneficiaries. Many families find it helpful to learn about stretching their IRAs to keep income tax benefits going longer. We can also help with planning for kids with special needs, protecting your assets if long-term care is in the picture, and making sure as much of your legacy as possible gets to your heirs without a big tax hit.