Planning for the future doesn’t have to be stressful. Terry Frank Law is here to offer guidance on all of your estate planning needs, including guardianship issues for minor children, wills, trusts, business succession plans, financial and health care powers of attorney, cremation/burial instructions and LGBTQ+ specific issues. No matter where you are in life, our attorneys are committed to helping you prepare for the future and provide you with clarity and guidance you need on the issues that matter most.
Terry Frank Law is also here to support you with the probate process, or the court procedure of administering a decedent’s estate upon death. Whether a loved one dies with or without a will, our lawyers will guide you through the process of opening a court file, identifying and collecting the estate assets, creating an inventory, paying creditors, notifying beneficiaries, making distributions and drafting and filing the necessary reports for the court.
When it comes to protecting your hard-earned money and property, it is important that you have the right plan, which can include a number of tools for your unique situation. One tool that might benefit you is a limited liability company (LLC) that owns some of your accounts and property.
Whether you are reviewing your existing trust or creating a new trust, you should understand the important role that a trustee plays not only in handling trust matters but also in providing for and protecting your loved ones.
With retirement comes a new chapter in life. To make sure that you have enough money to survive, you have most likely inventoried everything you own and your sources of income.
Beginning your retirement is a great milestone that is worth celebrating. You have put in many years of hard work, and you are now able to focus your energy on the next phase of your life.
While the term seems scary, probate is a relatively simple concept: it’s a legal procedure that transfers assets from the deceased to their heirs or beneficiaries.
If you’ve been appointed an executor of a loved one’s estate, or a successor trustee, and that person dies, your grief – not to mention your to-do list, including tasks ranging from planning the funeral, coordinating relatives coming in from out of town and (eventually) meeting with a trust administration or probate lawyer – can be quite overwhelming. First and foremost, take care of yourself during this emotional time.
This personal financial statement template is a great tool to keep track of your personal assets, liabilities, income and expenses.
