Estate planning is the process of planning how your assets will be divided upon your passing and the use of strategies to minimize transfer taxes and hasten the process of transferring assets. The entire process may involve an estate planning lawyer, accountant, life insurance, and financial planner. Estate planning is designed to help you achieve your personal goals. It can be a daunting task to strategically plan how you set up your assets and how they are to be distributed, tax-deferred, etc. Hiring an estate attorney to help you determine how to legally set up entities and file legal forms to properly set up an estate and implement strategies that help you reach the goals that you may have.

The document that the estate planning process is centered around is your will. A will is a legal document that expresses a person’s wishes as to how their property is to be distributed and who will be designated to manage their estate after their passing. Legal counsel can do much more than draft your will, they can advise you on ways to minimize estate transfer taxes, speed up the probate process, and provide legal guidance on how to accomplish your goals.