Estate Planning

Grace Law Offices, LLC will design an estate plan that is tailored to your needs.

Many put off estate planning due to an anxiety of the process. We at Grace Law Offices aim to put your mind at ease the moment you walk through the door. We view estate planning as a responsible and caring step toward making sure that your family is provided for in the best possible way. We accomplish this by listening to your wants and needs, then taking the time to explain the best options we can provide to achieve your goals.

 

Basic Planning

These basic tools are used to ensure your property is managed correctly. Every complete estate plan has some version of the three documents below:

  • Wills
  • Health Care Directives
  • Financial Powers of Attorney

 

Planning for Minor Children

These tools help you determine where your children will live, who will manage their money and when they will receive money outright:

  • Testamentary Trusts
  • Guardianship Designations
  • Standby Custodian/Guardian

 

Probate Avoidance

These tools can be used to retitle your assets so that they are removed from your probate estate and a probate will not be required under state law:

  • Revocable Living Trusts
  • Beneficiary Designation Planning
  • Transfer on Death Deeds
  • Pay on Death Accounts

 

Estate Tax Planning

These tools can be used to reduce or eliminate your potential state and/or federal estate tax:

  • Disclaimers and Disclaimer Trusts
  • Credit Trusts
  • Gift planning
  • Irrevocable Life Insurance Trusts

 

Planning for Special Needs Persons

These tools are used to financially provide for special needs individuals while ensuring that they continue to qualify for public assistance programs:

  • Special Needs Trusts
  • Supplemental Needs Trusts
  • Guardianships
  • Conservatorships