Estate Planning
Helping Families Prepare for the Future
Estate planning is the process by which a person sets goals and makes decisions regarding the distribution of assets and property to family members, friends, or charitable institutions. It is also the process of adopting a plan designed to achieve these goals with minimum tax consequences.
At Thomas, Birdsong, Mills & McBride, P.C., our estate planning lawyers handle all aspects of property transfer and asset distribution through simple and complex wills, trusts, charitable trusts, and living trusts, all designed to protect assets during life and distribute them according to a specified plan after death. We take the time to get to know you and your family before advising you on your estate plan.
Our attorneys take into account estate taxes, life insurance policies, and Medicaid and Medicare planning concerns while helping you draft and implement a strong estate plan.
Wills
A will is a legal document declaring one’s wishes with regard to property distribution after death. Complex regulations define the validity of a will.
Trusts
Trusts, living trusts, and charitable trusts are instruments that allow you to provide for dependents and other beneficiaries – including charitable institutions – over time, minimizing the tax burden to your beneficiaries.
Powers of Attorney
Giving someone a power of attorney grants them to power to make certain decisions on your behalf. There are various kinds of powers of attorney, including general, durable, and special/limited.
Tax laws and the laws governing wills, probate, and estate administration change frequently. In order to make sure your wishes are carried out and your beneficiaries protected from undue tax burdens, you need the services of experienced estate planning attorneys who keep up with changes in the law and fully represent your interests and those of your heirs. Count on Thomas, Birdsong, Mills & McBride, P.C.
