No, an estate plan is more than just a will. It can include a will — but also directives on who will have power of attorney, and even who will be responsible for your healthcare and guardianship should you become incapacitated.
Preserve, Protect, and Then Relax
A plan for when you’re gone gives you peace of mind while you’re here.
Your estate plan ensures the wealth you worked hard to create gets passed on without probate decreasing — or erasing — it. It also makes settling affairs easier for your loved ones during their time of grief.
No matter your worth, an estate plan is vital — especially if you own a business. Trusts can reduce taxes, bypass probate costs, and provide full privacy. If you already have your estate plan, we can work with you to update your current plan.
Dying without a will makes your estate “intestate.” Every state has their own intestate rules, but for the most part your assets are frozen, and a court decides who gets what. It can be a long, painful, and expensive experience for your loved ones. That’s why it’s so important to have an estate plan by working with an estate planning attorney in Kansas City ahead of time. You can live confidently knowing what will happen when you pass, and your family is saved the heartache of the court system when you’re gone.
A living will, also known as an advanced healthcare directive, makes sure your estate plans are carried out even if you’re incapacitated by age, sickness, or physical trauma and can’t explain or express your wishes yourself.