Gulfport Estate Planning Lawyer

Effectively Planning for the Distribution of Your Estate

Estate planning is an effective process that involves planning for your death and the distribution of your estate. Although many people shy away from this topic, it is important to understand that estate planning is simply a way to make sure that your loved ones stay protected: no matter what happens to you. Whether you have children, a devoted spouse, a loved one with special needs, or any other person to look out for, the Gulfport estate planning attorneys at PMTK can help. We can provide you with an understanding in the law and the tools needed to create an effective safeguard against the future.

Benefits of Creating an Estate Plan

Deciding whether or not to create an estate plan may seem like a difficult decision. At PMTK, we can assist you with creating an effective estate plan while helping you understand the multiple benefits involved:

• Getting your affairs in order and preparing for the distribution of your property;
• Feeling at ease knowing that your loved ones and estate will stay protected;
• Creating a special needs trust that allows you to pass on property to your loved ones with special needs-without it affecting their government assistance;
• Establishing a power of attorney that keeps you protected if you become disabled or incapacitated;
• Avoiding the lengthy, costly, and stressful probate process by creating a trust; and
• Knowing your estate will be properly distributed to your beneficiaries.

Components of an Estate Plan

The great part about an estate plan is that they can be used to cater to a person's specific needs. By speaking with a qualified probate attorney, you can discover your options and incorporate your exact needs into an estate plan. You can incorporate certain legal documents including, but not limited to:

• Will : By providing a set of instructions, also known as a will, you can specify exactly how you want your estate distributed, who you want to inherit your property, and the name of a trusted individual to take care of your minor children when you pass away.
• Trust: A trust is used to hold your assets for the safekeeping of your loved ones. There are multiple benefits of including a trust in your estate plan including the protection of your property, the ability to avoid probate as well as a chance to minimize taxes on your estate when you pass away.
• Durable Power of Attorney: This allows you to appoint a trusted individual to step in and make important decisions if you become unable or unwilling to make those decisions for yourself. Without having a durable power of attorney in place, the court becomes responsible for appointing a guardian or conservator to step in and take care of you, your estate or both.

Create a comprehensive estate plan with our probate attorneys!

Deciding to create an estate plan may be one of the most important decisions you can make for you and your family. Without one, you may be putting a heavy burden on your loved ones, especially when you pass away or become incapacitated. Our Harrison County probate attorneys can help you break down the legal terms involved and make the process as simple as possible. Our main goal is to guide you towards creating an effective estate plan as well as establish the important legal documents that are most appropriate for your needs. Contact PMTK to discuss your options and begin the process of keeping your loved ones protected!