Estate Planning Overview
The definition of “estate planning” is much broader than just planning to minimize estate and inheritance taxes, which are important components of “advanced” estate planning.
Estate planning also involves defining how best to control your property while you are alive, as well as planning for yourself and your loved ones if you become disabled.
Moreover, your estate plan should consider what assets and property you have, and to whom you want to give those assets when you die, the way you want and when you want. In essence, with your estate plan, you are creating and preserving a legacy for your loved ones.
Know Your Options
Following are some important techniques and instruments to consider when creating an estate plan for your specific circumstances:
- Revocable trusts
- Durable powers of attorney
- Medical directives
- Business succession planning
- Choosing guardians, trustees and executors
- Tax planning
- Education planning
- Charitable planning
To schedule an appointment and learn how we can help you, contact Zell Law today at 703-665-1498 or send us an email. Our office is located in Reston, Virginia, and we serve clients throughout Northern Virginia, the D.C. area, and nationwide.