It’s a common saying that the only two things certain in life are death and taxes. Estate planning is how our talented specialists at Post Falls Law can help you prepare for both. The process of distributing a loved one’s worldly possessions can be difficult, but it doesn’t have to be. Planning in advance is a loving gift to the next generation of your loved ones.
First, it is important to understand the different ways we can protect your assets and safeguard them for your beneficiaries. Wills and trusts both work to pass on your assets to those you love, but the nuances and tax consequences of both are vital to consider. Our wills and estates specialists at Post Falls Law can walk you through both options and help you choose which works best for your needs.
Besides building wills and trusts, Post Falls Law can also prepare documents to help in the event of incapacity or of injury. Living wills and medical powers of attorney give you peace of mind by ensuring your chosen representative follows your wishes. Dealing with organizations like Medicare and Medicaid can add more difficulty to a situation when you or a loved one are sick or infirm, and we can help guide you through your choices and make the best ones for your family.