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Greenville Attorney Urges Seniors and Those Who Love Them To Get Their Estate Planning Affairs Organized

Elder Law is a fairly new law discipline that handles the issues and problems met by the most quickly growing division of the US population, senior citizens. Elder law combines features of Estate Planning, Medicare/Medicaid Planning, Conservatorship, Wills and Trusts and Health Care Planning.

Pete Fields, a Greenville Lawyer, from Greenville, works to caution seniors and their families of complications that all too often arise if estate planning issues do not get resolved fast, "If you delay, it might be too late to get your affairs handled in the manner you wish! 

The following is just a partial list of what this Greenville Estate Planning Attorney will help you achieve:

  •         Take Care Of Family Satisfactorily

  •         Make The Proper Investments

  •          Cut down and Possibly Eliminate Assisted Living Facility Bills

  •          Pass on An Inheritance To Your Family

  •          Arrange for The Care You'll Need Before That Time Appears

  •         Save on Income Taxes, Death Taxes and Estate Taxes

  •          Increase The Income You Keep, Safeguard Your Life Savings

Why You Need To Do Your Estate Planning Right Away!

Nobody likes to belabor the anticipation of their passing away. However, if you postpone planning for your demise until it's too late, you may risk that intended inheritors -- those who you love -- might not inherit what you'd want them to get no matter if it is a result of needless taxes or squabbling among your heirs. These are some of the reasons estate planning is so critical, no matter how large or small your estate might be! Estate planning permits you, while you're alive, to insure that your property and assets will go to the people you want, in the way you want, and when you desire. It permits you to save as much as you can on taxes, court costs and attorneys' fees; and it provides the relief that those you left behind can mourn your death and not be simultaneously loaded with unnecessary financial complication and red tape. Every estate plan should have, at minimum, two essential instruments for estate planning: a power of attorney and a will. The first is for managing and controlling your property and assets while you're alive, in case you're ever unable to do it yourself. Your will is for the administration and apportionment of your assets and property following your death. In addition, more and more, Americans are using revocable (or living) trusts in order to avoid probate and to manage their estate both while they're living and once they are gone. How do I know if I need this service?

 -No legal documents

 -Have documents which are out dated and your kids are adults

-Have documents which no longer reflect your wishes

About the author:

Pete Fields is a Greenville estate planning lawyer   in Greenville, SC. Mr. Fields also has an office in Clemson that includes a Clemson estate planning attorney. The information in this article is for general informational purposes only and does not constitute legal advice. If you have more specific concerns or questions, you should talk with a skilled elder law attorney. 2007 The Fields Law Firm


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