Instead of the IRS, Probate Court or a Nursing Home. Attend a FREE SEMINAR to Find Out How a Proper Estate Plan Can Benefit Your Family…

…Seating is limited so follow the link to reserve yours today!

http://www.sinclairprosserlaw.com/local/estate-planning-seminars.aspx

SinclairProsser Law, LLC is a member of the American Academy of Estate Planning Attorneys.

Don’t forget to tune in today to WNAV Radio on 1430 AM or 99.9 FM @ 3:50pm to listen to Your Estate Matters. Today’s topic “I have a Living Will. Why do I need a Health Care Power of Attorney?” with Attorney Paula M. Mattson-Sarli.

SinclairProsser Law, LLC is a member of the American Academy of Estate Planning Attorneys.

Instead of the IRS, Probate Court or a Nursing Home. Attend a FREE SEMINAR to Find Out How a Proper Estate Plan Can Benefit Your Family…

…Seating is limited so follow the link to reserve yours today!

http://www.sinclairprosserlaw.com/local/estate-planning-seminars.aspx

SinclairProsser Law, LLC is a member of the American Academy of Estate Planning Attorneys.

Another year

And we’re still here

As we always plan to be

As your resource

To direct your course

In preserving prosperity

Should you want to establish

A Will or a Trust

Without hesitation

The answer is us!

In Trust Administration

We minimize taxes

To those who are aging

Our guidance relaxes

We’re experts at pre-nups;

And post-nups, it’s true

Business succession planning

We can position for you.

As your estate planning expert

We give peace of mind

Our team stands to serve you

Through the passage of time

SinclairProsser Law, LLC is a member of the American Academy of Estate Planning Attorneys.

A bit of good news amongst the tragedies of Amy Winehouse’s drug and alcohol induced life and death:  Amy’s estate plan will do what she wanted it to do.  After her divorce, she sought legal counsel and changed her will to benefit her parents and her brother to the tune of approximately $16.8 million dollars.  If she hadn’t updated her will, her jailed ex-husband would have received the inheritance.

Updating after Divorce

In most divorce situations, it is mandatory to update your estate plan immediately upon legal separation.  After all, most people wouldn’t want their ex-spouse to receive their assets, control their finances upon incapacity, or make health care decisions on their behalf.

Updating after Other Life Changes

Think of the changes we all go through as life unfolds.  There’s marriages, new relationships, new businesses, new houses, moves to other states, new children, and changes in life outlook and goals.  All of these normal situations are cause for a review of your estate plan, and an update if suggested by your estate planning attorney.

Updating Every Three to Five Years

Every estate plan should be reviewed for updates every three to five years.  There are three types of changes each and every estate plan faces.  They are 1) Changes in your life and finances, 2) Changes in the law, and 3) Changes in your estate planning attorney’s experience.

A Note about Alcoholism and Drug Addiction

If you have a loved one who is challenged by alcoholism and/or drug addiction, your gift or inheritance may make the problem worse or even kill him or her.  However, you don’t have to disinherit a troubled loved one.  Instead, pass assets in a protected trust and name a professional such as a bank, trust company, or CPA as trustee.  Trust assets can be used to help your loved one such as paying rent or rehabilitation, but not given directly to him or her.

SinclairProsser Law, LLC is a member of the American Academy of Estate Planning Attorneys.

Estate planning is one place in life where you have the power to alter the outcome. Taking the time to decide who, when and how your money will be handled and who will manage your health care when you are unable to make those decisions for yourself are important choices that you have the power to make.

A well-rounded estate plan includes six documents: a Revocable Living Trust, General Durable Power of Attorney, Health Care Power of Attorney, Living Will, Will and Medical Authorization. A Will is only effective at death; the other five documents have an impact during your lifetime.

Attendance of a Free Estate Planning seminar will help you to realize how vital these estate planning provisions are to the preservation of your estate.

SinclairProsser Law, LLC is a member of the American Academy of Estate Planning Attorneys.