We Can Take The Pain Out Of Your Estate Plan
Many people know they should invest in their futures, yet delay action. Tomorrow often seems like a better time to undertake the work needed to create a long-term estate or elder law plan.
At Shrader & Goad in Amherst, Virginia, we take the pain out of estate planning. Our experienced estate planning lawyers simplify complex financial and personal challenges using a suite of legal tools. Whether you are a young parent in midcareer, an empty nester nearing retirement or the adult child of an elderly person in need of nursing care, our lawyers can help you to create a solid estate plan designed to maximize your assets and preserve your intentions.
It’s Your Life; It’s Your Living Will
Our lawyers routinely field questions about living wills. Known within legal circles as “advance medical directives,” living wills are documents that place specific restrictions on health care, particularly at life’s end. If you prefer not to pursue extraordinary measures to prolong your life, a living will gives you the control you need to see that your preferences are honored. It may also relieve your loved ones of the responsibility of making difficult medical decisions on your behalf.
You may also have heard of something called a living trust. In a living trust, your assets — including your home, bank accounts and stocks — are put into a protected fund known as a trust. That trust is administered for your benefit during your lifetime, and then the assets are transferred to your beneficiaries when you die.
