Estate Planning
Preservation of assets and the opportunity to pass assets to heirs is an important goal for our clients. Although wills, trusts, and documents of ownership that transfer assets can be very complex, we strive to understand our clients' individual circumstances and personal needs to enable them to select the appropriate planning documents. At Procter and Callahan, LLC, part of the estate planning process includes educating our clients on the basic advantages and disadvantages of each method of asset transfer or disposition.
In addition to preserving assets and assuring financial stability for families, parents of minor children also need to plan for their future care in the unfortunate event that the parents are no longer able to do so. We at Procter and Callahan, LLC, assist our clients in making these difficult decisions and preparing the appropriate documents to guarantee that their wishes are legally binding.
It is important for every adult to appoint an agent to make medical and financial decisions for them in case they become incapacitated by a debilitating physical disease or mental impairment, whether permanent or temporary. We educate our clients about the various legal documents available to them that ensure that their wishes are followed concerning financial and medical decision-making in the event that they are no longer able to care or speak for themselves. The various legal documents are financial and medical powers of attorneys, living wills, CPR directives and DNR orders, organ and tissue donations, disposition of last remains, and guardianships and conservatorships.
In the estate planning practice at Procter and Callahan, LLC, we routinely assist clients of all ages with estate planning, including:
- The drafing of Wills or Revocable Living Trusts, specific to your personal needs and circumstances
- Preparation of Durable Powers of Attorney (both financial and health care) selecting an agent to assist with financial or health care decisions at times of incapacity
- Advance Directive for Medical/Surgical Treatment, or "Living Wills" permitting the formal expression of wishes regarding life-sustaining medical treatment
- Cardiopulmonary resuscitation (CPR) directives and Do Not Resuscitate (DNR) orders