Estate Planning.

Estate planning is more than just a legal process – it’s about ensuring that your legacy is preserved and your loved ones are taken care of long after you’re gone. At Lukas Financial Guidance, I offer comprehensive estate planning services designed to provide you with peace of mind knowing that your wishes will be honored and your assets will be distributed according to your wishes.

Here’s a closer look at the estate planning services I provide:

Will Drafting:

A will is a fundamental document that outlines how you want your assets to be distributed after your death. I’ll work with you to draft a clear and legally binding will that reflects your wishes and ensures your loved ones are taken care of.

Trust Creation:

Trusts are powerful tools that allow you to protect your assets, minimize estate taxes, and control how and when your beneficiaries receive their inheritance. Whether you need a revocable living trust for asset management during your lifetime or an irrevocable trust for asset protection and tax planning, I’ll help you create the right trust to meet your needs.

Powers of Attorney:

Powers of attorney are essential documents that appoint someone to make financial or medical decisions on your behalf if you become incapacitated. I’ll assist you in drafting durable powers of attorney for finances and healthcare to ensure your wishes are carried out if you’re unable to make decisions for yourself.

Estate Tax Planning:

Estate taxes can significantly reduce the value of your estate and diminish the inheritance you leave to your heirs. I’ll work with you to develop tax-efficient estate planning strategies to minimize estate taxes and maximize the amount of wealth you pass on to your loved ones.

Asset Protection:

Protecting your assets from creditors, lawsuits, and other potential threats is essential for preserving your wealth for future generations. I’ll help you implement asset protection strategies, such as asset titling, insurance, and business entity formation, to safeguard your assets and shield them from risk.

Beneficiary Designations:

Properly designating beneficiaries on your retirement accounts, life insurance policies, and other assets is crucial for ensuring these assets pass to the intended recipients outside of probate. I’ll review your beneficiary designations and help you make any necessary updates to ensure your wishes are carried out.

Estate Plan Review and Updates:

Life is constantly changing, and so should your estate plan. I’ll provide ongoing support and guidance, reviewing your estate plan regularly and making updates as needed to ensure it remains current and aligned with your goals and wishes.

Theres provision for comprehensive estate planning services to help you protect your assets, preserve your legacy, and provide for your loved ones. Ready to create or update your estate plan? Schedule a consultation today, and let’s start planning for your future together.