ESTATE PLANNING, WILLS, AND TRUSTS
Estate Planning, Wills, and Trusts
Today's world is fast-paced; we are always going somewhere by plane, car, or ship. 
While we are busy traveling, we forget that accidents do happen. While we often make sure that we don’t travel with family members together by plane, we often travel together in a car. Yet we know that many more accidents happen in automobiles than in planes. Because accidents, sickness, and disease happen with little or no warning, it is necessary to have a plan, what we generically call estate planning.

Estate planning encompasses much more than a will. Estate planning includes advance directives, also known as living wills; that is, what happens when we cannot respond in a hospital or medical situation, powers of attorney, trusts, and guardianships.
Who is to speak for us? How do we make our wishes known? God forbid something happens to you -- who takes care of your children? Do we know whom we would like to have as a guardian for a child or do we leave it to the state to make the choice for us? Did you get a promotion or a large bonus? What happens to an IRA or 401(k) if we die? How will our children’s education be taken care of? What if our spouse needs long-term care; what do we do about someone to care for the children?

It’s not fun to think of these matters but planning for them lets you sleep at night. The unforeseen will happen, but the unprepared should never happen. Our firm is equipped to help you plan for good times and bad. We explain alternatives to you and, if your estate is larger than the state tax exemption level, what the tax implications may be. Fortunately, there are also ways to minimize taxes, or as we prefer, to optimize assets. The initial 30 minute consultation is without charge nor obligation.

Fees

Each client executes a representation agreement for each matter. Depending on the nature and complexity of the matter, the fee may be fixed, hourly, or some combination of each. Every client pays a retainer to be credited against the last payment in the matter. We negotiate all fees at the time of the representation agreement. Our fees are generally in line with the area and, we believe, represent value for the product delivered. Call the AJ Mannion Law Office at 203-733-0183 with any questions about any of the areas of law we practice, or to schedule a consultation. The initial 30-minute consultation is without charge or obligation.
Share by: