Planning ahead for management of your hard-earned assets and property holdings is an important task that too many people put off until it is too late. Without estate plans, your estate will move into Probate Court where an impartial Judge and others will take over for you, with no idea of your wishes for the handling or disposition of your estate. Probate also is a very long and expensive process.
The Law Office of Denson and Associates, PLLC
People in the Meridian, MS, area visit the Law Office of Denson and Associates, PLLC, for reliable and honest legal assistance in making their estate plans. We have an experience staff of legal professionals who are friendly and will work hard to help you with estate planning.
Meridian MS Estate Planning Services
There are several legal documents that are important to create as part of your estate planning strategy.
- Wills – The basic document that allows you to designate heirs and convey your wishes for how you want your estate assets and property to be managed and distributed after your death. Wills allow you to designate an executor and to name heirs. You also can name a guardian for your minor children.
- Trusts –This document allows you to control your estate if you are incapacitated, or following your death. Most are set up for financial benefit of either the person who created it or their heirs. Some also include a charity as beneficiary. Trusts can be revocable or terminated by the creator. Profits of some trusts may be distributed periodically to beneficiaries. It can be a method also to avoid Probate and to reduce taxation.
- Estate Planning – Additional documents needed include Powers of Attorney – Medical and Durable. You designate who you want to act on your behalf making estate and medical decisions. An Advanced Medical Directive allows you to convey your wishes for your end-of-life care.
Attorney Joseph A. Denson can help you convey your wishes at any time when you might be incapacitated, and after your death. Your heirs can realize definite advantages through tax reduction and direct conveyance of certain assets.
Learn more about Wills, Trusts & Estate Planning by contacting the Law Office of Denson and Associates, PLLC, in Meridian, MS. Call us now, at (601) 693-5400.