Estate Planning at
Davidson Law Group

Estate planning can seem like a daunting process. Our team of estate planning attorneys often encounter questions such as, "How does it work?" or "What can I expect?" In response, we have established our Three P's of Estate Planning.

Answers to the Tough Questions

We know that Estate Planning is much more than just assembling documents. We know that it can be difficult to make these decisions and do what's best for your family. Our team at Davidson Law Group is here to help you find answers to the tough questions.

Do you want to make sure that your loved ones do not have to deal with the expense and hassle of Probate? Do you want to avoid as many taxes as possible? Do you want to give any money to a charity or organization? Do you have a special needs individual in your family who needs special care that your Estate could provide? Are there some people whom you want to receive an inheritance but are not yet mature enough to receive it? Are there any people whom you do not want to receive an inheritance no matter what?

The Three P's of Estate Planning

People

The first things an estate attorney will ask you to consider are the important people in your life for whom you want to help secure a future. These important people can include loved ones such as your spouse, your children, your parents, your siblings, other relatives, or your friends. Additionally, important “people” can also include charities, universities, organizations, or churches to which you are committed. You may even have a special pet that you want to provide for in the event of your absence. Make a list of these “important people” with notes about their relationship to you. You are now well on your way to creating an Estate Plan!

Property

When people hear the word “property,” they may think of a house or land. In this case, property refers to any asset you own or control.  You will need to think through your assets in terms of their nature (cash, investment accounts, real estate), their value in thousands of dollars, and your ownership interest. Don’t forget to include any life insurance (death benefit), expected inheritances, or business interests. You will also need to ask yourself the following important questions: – Do I own my assets individually? – Do I own my assets jointly? – Do I have a special arrangement like a trust for my assets?

Plans

Once you have figured out the important people in your life and have identified your assets, you can then begin the last part of the estate planning process – making a plan for these people and your property in the event of your death or incapacity. To start this process, you need to ask yourself several important questions that are vital to your future, your loved ones’ futures, and the transfer and protection of your property.Who would you want to make financial decisions for you if you could no longer make them? What about medical decisions? Who would you want to have custody of your minor children in your absence? How would you divide your estate among your heirs?

Estate Planning with Davidson Law Group

If you are ready to dive into creating your estate plan, contact an attorney at Davidson Law Group. Your attorney will be committed to answering your questions and giving you and your family confidence as your future unfolds.

Contact Us
Inquire about our exclusive Client Care Program, which provides benefits such as:

Asset Alignment Meeting

We'll verify the completion of trust funding, ensuring that your plan is immediately and fully effective.

Inquire about our exclusive Client Care Program, which provides benefits such as:

Family Meeting

Once your plan is in place, we'll educate your loved ones on their roles and responsibilities, further solidifying your plan and giving you the opportunity to make changes, should they be needed. 

Inquire about our exclusive Client Care Program, which provides benefits such as:

Yearly Review

Things are always evolving, so we will schedule a time annually to make any necessary changes, including additions to assets, persons, or directives, ensuring your plan stays current.

Inquire about our exclusive Client Care Program, which provides benefits such as:

Unlimited Adjustments

You can call us any time for unlimited adjustments resulting from legislative, tax, or procedural changes, preventing any unnecessary nullification and/or vulnerability within your plan. 

Inquire about our exclusive Client Care Program, which provides benefits such as:

Unlimited Conjunctive Correspondence

We will work with your financial and tax professionals, making certain the holistic health and cooperation of your plan and offer unlimited correspondence. 

Inquire about our exclusive Client Care Program, which provides benefits such as:

Priority Access

You will be given priority access to our office and the attorney's calendar, so that your questions and concerns are addressed as quickly as possible, and without worry of cost. 

Inquire about our exclusive Client Care Program, which provides benefits such as:

Member-Only Invitations

You'll receive exclusive invitations to quarterly educational events and an annual appreciation event, deepening our relationship and enhancing our ability to serve your family. 

Inquire about our exclusive Client Care Program, which provides benefits such as:

Ancillary Benefits

Serving as Organizer and Registered Agent for any LLCs you manage, discounted real estate transaction fees, and discounted Business Planning and Valuation services. 

Schedule Your Free Consultation