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ESTATE PLANNING The Trenti Law Firm Serving Northeastern Minnesota for over 50 years Although we try to avoid thinking about it, all of our journeys through life eventually come to an end. Since none of us can predict when our time will come, it is important to plan now for what will happen after our deaths. Estate planning allows individuals to designate the recipients of their assets and determine who will assist in that process. Without quality estate planning, the likelihood that your final wishes will be honored is reduced and uncertain. A good estate plan can reduce the risk of conflict within the family based upon the final disposition of your property. With the help of an attorney, you can rest assured that everything will be in place prior to your death so that your wishes are carried out smoothly and without dispute. PROTECTING YOUR RIGHTS If you do not express your post-death wishes in a formal document or plan, your property will be divided pursuant to a statutory mechanism (called intestate succession) that may not represent your wishes. There are very few situations where it would not be beneficial to have an estate plan in place. A simple estate plan may be comprised of the traditional tools; a Will, Power of Attorney, and Health Care Directive. Almost everyone should have these basic documents both to ensure their wishes are complied with and to avoid more expensive court involvement. Also, modern estate planning utilizes an ever evolving array of tools and instruments including revocable and irrevocable trusts, transfer on death deeds, and more comprehensive uses of Pay on Death Designations. THE TRENTI LAW FIRM CAN HELP With the wide array of estate planning options available, developing the most effective estate plan for you can become complicated. The experienced estate planning attorneys at the Trenti Law Firm are here to assist you in protecting and preserving your estate. ATTORNEYS Sam A. Aluni Scott C. Neff Bryan M. Lindsay Karl Sundquist |
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