Estate Planning
Estate planning plans where and how you will live if you are incapacitated, who will manage your assets if you are not able to, and what will happen with your assets after your death.
An estate plan provides what happens to your minor children, and also plans how your children will receive their inheritance.
An estate plan is essential for:
Naming who inherits your belongings
Appointing guardians for children
Choosing someone to make medical and financial decisions for you if you can’t
Estate planning provides a legacy after you are gone.
Deliverables
Estate planning involves reviewing your assets and determining where you would like them to go after your death, as well as planning around and utilizing strategies to avoid or minimize estate tax.
Together, we can work on creating:
Revocable Trusts
Wills
Irrevocable Trusts
Powers of Attorney
Health Care Directives
Funding Assistance
At Everbright, we don’t just draft documents. We get to know you and your family, identify your goals and aspirations, and prepare documents that reflect your legacy. Once drafted, we help you implement your plan, through funding assistance and ongoing legacy care where we meet annually to perform maintenance and touch up the plan we’ve carefully created.
Our Journey Together
1. Discovery
& Goal Setting
You will meet with your attorney so they can get to know you, your family, your assets and your goals. Your attorney will work with you to educate you on the different estate planning options that are available to you, and inform you about the pros and cons of each choice. Together, you will determine how your goals can be achieved and what the best estate planning option is for your situation.
2. Document Creation & Due Diligence
Following your initial meeting the Firm will work to gather additional information on your assets and to create a plan to ensure that nothing you own slips through the cracks. Your documents will be drafted and provided to you for review so you can confirm your wishes are specifically outlined. Your attorney will meet with you to review the documents you are signing and ensure that all your questions are answered.
3. Signing
& Upkeep
Following your signing, our Firm may assist you in changing the titles and beneficiary designations on your assets to ensure your estate will pass according to plan. We check the details so you get the results.
Who is an Estate Plan for?
Estate planning isn’t just for the wealthy. Everyone over the age of eighteen needs an estate plan. An estate plan is a plan for you both during your life, during any period of incapacity, and after your death.
- Everyone – not just the wealthy.
- Parents – to name guardians and manage inheritance for children.
- Business Owners – to plan for succession and continuity.
- Blended Families – to prevent legal battles between current spouses and children from previous relationships.
- People with Specific Wishes – if you want certain items to go to certain people or charitable organizations.
Evolution — Ongoing Legal Services
Your family changes, your assets change, and your health changes. As time goes by, it’s important to ensure that you review your estate plan when changes occur. You should plan on contacting your attorney if there is a death, divorce, diagnosis, decade, or distance:
Death
Death is for the death of a family member or agent named within your estate plan.
Divorce
Divorce is if you or one of your heirs gets divorced – we will want to review your plan to ensure you are not leaving anything to an ex-spouse, nor are you naming them as an agent within your plan.
Diagnosis
Diagnosis with a serious health condition requires us to review additional considerations such as paying for and securing good long-term care as well as addressing whether there are any asset preservation strategies that should be undertaken.
Decade
Decade involves reviewing your plan as time goes by – and really, we recommend looking at your plan more frequently than every 10 years.
Distance
Distance is if you move to a different state or purchase property out of state – your plan should be updated as each different jurisdiction has its own nuances for an estate.
We offer plans where you will meet with your attorney annually to check in on your plan and see if any adjustments are needed.
Your Dedicated Guardianship & Conservatorship Team
Frequently Asked Questions
1. What is estate planning, and why is it important?
Estate planning is the legal process of preparing for the management and distribution of your assets after death or incapacitation. A proper estate plan allows you to:
- Control who inherits your property
- Appoint guardians for minor children
- Avoid probate court
- Reduce estate taxes
- Ensure your healthcare and financial wishes are followed
It’s essential for individuals and families of all sizes — not just those with large estates.
2. Who needs an estate plan?
If you own property, have children, or want to ensure your wishes are respected in the event of illness or death, you need an estate plan. Estate planning is especially important if you:
- Are a parent of minor children
- Are married or in a blended family
- Own real estate or a business
- Have loved ones with special needs
- Want to avoid family conflict or probate delays
3. What documents are included in a basic estate plan?
A typical estate plan prepared by an estate planning attorney includes:
- Will
- Revocable Living Trust (if appropriate)
- Financial Power of Attorney
- Health Care Directive
- Beneficiary designations review
Trust funding
Each plan is customized to your personal, financial, and family circumstances.
4. What is a revocable living trust, and how does it work?
A revocable living trust is a legal tool used to manage and distribute your assets without going through probate court. Assets placed in the trust during your lifetime can be controlled by you, and seamlessly passed to your beneficiaries upon death.
Benefits include:
- Avoiding probate
- Maintaining privacy
- Planning for incapacity
- Managing assets for minors or vulnerable beneficiaries
5. What happens if I die without a will or estate plan?
If you die without a will (called dying “intestate”), state law decides who receives your property — which may not align with your wishes. Your family could face:
- Lengthy court proceedings
- Higher legal fees
- Unintended distribution of your assets
A personalized estate plan ensures your wishes are honored and your loved ones are protected.
6. How often should I update my estate plan?
You should review and possibly update your estate plan:
- Every 3–5 years
- After major life changes (marriage, divorce, birth, death, move, diagnosis)
- If your financial situation or goals change
Your estate planning attorney can guide you in making timely updates.
7. What is probate, and how can I avoid it?
Probate is the judicial process of distributing a deceased person’s assets. It can be:
- Time-consuming (months to years)
- Costly (court and legal fees)
- Public (open court records)
To avoid probate, many people use a trust, joint ownership, and proper beneficiary designations. An experienced probate attorney can help you develop a strategy that minimizes or eliminates probate entirely.
8. Can I create my own estate plan without a lawyer?
While DIY estate planning tools exist, they often lack the customization and legal validity needed to truly protect your assets and family. A qualified estate planning lawyer ensures that your documents:
- Comply with state laws
- Address unique family situations
- Protect your estate from unintended consequences
9. How do I start the estate planning process?
The first step is scheduling a consultation with an estate planning attorney. During the meeting, we will:
- Review your goals, family, and finances
- Recommend a tailored estate plan
- Guide you through the entire process
At Everbright Legacy Law, we make estate planning simple, supportive, and secure.