Last will and testament
Your estate is made up of your possessions, wealth, and property. A last Will and Testament is the document that will dictate how your estate is distributed to your family. Your Will still has to go through the process of Probate where a Judge will ensure that your appointed guardian distributes your estate according to your Will and applicable laws. Without having a Will your estate will pass according to applicable state law and you loose control of who will be given pieces of your estate. In your Will you can also appoint guardians for your children, establish a special needs trust, dictate your wishes for burial and services, Take control of all the things you worked so hard for, contact Nappa Law LLC today to discuss and create your Last Will and Testament.
estate plan
A comprehensive estate plan should at minimum include either a last will and testament or an inter vivos trust (living trust), powers of attorney, a living will (advanced directives), and a pour over will. These are just a few of the documents and and planning tools that you should have in place to ensure your wishes are carried out both prior to and after your death. However, there are a variety of other advanced planning techniques that Nappa Law LLC can utilize to meet any of your goals. If you want to protect your wealth from taxes or have a larger your estate or wish to be more complex managing your wealth and belongings as they are passed to your loved ones some advanced strategies may be right for you. Reach out to Nappa Law LLC today for a free consultation.
Trusts
Trusts are not just for the upper crust of Americans with lots of wealth. Today trusts can be established for a variety of reasons such as privacy, protection for your special needs descendants or minor children, creation of a legacy for your family, mitigation of taxes to your estate, and distribution of generational wealth.
There are two main types of trusts, revocable and irrevocable. Each type of trust has pros and cons, limitations, and specific techniques of drafting that can be used to accomplish your goals. Contact us at Nappa Law LLC today to discuss a comprehensive trust that will meet your goals.
asset planning and protection
Through a comprehensive estate plan, Nappa Law LLC can help you protect your assets for the long term. Asset protection trusts, dynasty trusts, grantor-retained annuity trusts, and life insurance trusts are a few of the advanced techniques that can be deployed to build and protect your legacy.
At Nappa Law LLC we have a team of professionals that we work closely with to give you a holistic approach to building and protecting your legacy. Access to a team of professionals such as financial advisors, investment professionals, accountants, and life insurance and long-term insurance brokers is within your reach by contacting the team at Nappa Law LLC today.