Efficient, Effective Estate Planning Services
The life you built for yourself and your loved ones should be securely protected. Estate planning is an effective way to guard what matters to you and help ensure your legacy is smoothly passed on to the right people. An experienced attorney can assist throughout the planning process to help solidify your plan and make sure everything is in order. The estate planning attorney at Scheidecker Law in Fargo, North Dakota, is here and ready to help you create peace of mind and security through your plan.
Comprehensive Assistance In Estate Plans
A truly secure estate plan should contain a variety of documents and outlines. The process can seem overwhelming but with the right help, it can be quite simple. At Scheidecker Law, our lawyer offers full estate planning services so you can take care of your entire estate with one stop. Our services include:
- Wills – Outlines how your property and other assets should be distributed.
- Trusts – An additional agreement that allows a third party, personal representative, to hold assets on behalf of a beneficiary. This can provide further security, flexibility and privacy where your assets are concerned. Can include both revocable and irrevocable trusts and can even help guard assets from creditors.
- Health care directive – Provides care instructions for your health should you become incapacitated, or otherwise unable to make a decision, also known as medical power of attorney. Can include organ donor preference, disposition of remains and other provisions such as consent or discontinuing care.
- Powers of attorney – Grants another person the power to make decisions (i.e. financial decisions) on your behalf. Can include authorizing someone to handle or observe your financial accounts, speak with insurance companies or control your government benefits.
- Deeds – Allows for quick claim and transfer upon death.
- Guardianships – Establishes relationships and responsibilities for minor children and other family members.
- Elder Law – We also offer services regarding nursing home planning, Medicaid eligibility and other long-term care planning.
At Scheidecker Law, we provide thorough advice and assistance in estate planning, as well as probate administration. We can assist with small estate probate, and high-value estates.
What Is The Difference Between Will And Estate Planning?
A will simply outlines the terms of distributing your property after your death. It can name beneficiaries and provide guidance for where your assets will go. An estate plan is much more comprehensive and can include not only drafting a will but also asset protection planning, creating a POA, and more. Your estate plan can include trusts and wills and a more thorough planning of your estate.
What Happens If I Don’t Have An Estate Plan?
Without an estate plan, the process of distributing assets after your death becomes much more complicated. All estates are subject to probate and probate administration, but without a will, the decisions can be left entirely to the courts, rather than your own wishes. Estate planning with a lawyer can help protect what matters to you and ease stress, time and money from your family members and loved ones.
What Is The Most Common Form Of Estate Planning?
At minimum, most people draft a will during their lifetime. But true asset protection can involve irrevocable trusts and/or revocable trusts, elder law decisions, asset protection, powers of attorney and other beneficiary designations.
Find Out More About Our Services
Estate planning can be an overwhelming, complex matter. But our estate planning lawyer leads with compassion and care. We can help simplify this process and create true peace-of-mind for you and your family members in Clay County and Cass County. If you want more information about this process and how we can help, contact us today. You can set up an appointment to learn more about us by calling 701-941-5800 or use our online contact form to get in touch.