Estate Planning

You’ve worked hard to provide a level of financial security for your family and loved ones, and it only makes sense that you do all you can to protect them should something unexpectedly happen to you. Creating and drafting a thorough estate plan will ensure that your intentions are understood, and it is the most effective way to protect, preserve, and manage your estate.

A thorough estate plan will reduce the time and expense of probating your will and administering your estate, and can prevent several potential disputes, including:

  • Helping ensure that your money and other assets go to the people you choose. Without a plan, state laws will determine your beneficiaries.
  • Specifying who will care for your children if you become unable to do so.
  • Defusing potential conflicts over the distribution of your assets.
  • Minimizing estate taxes and other transfer taxes.
  • Avoiding the costs, publicity, and delays of probate, the legal process used to value your estate; settling any debts, paying taxes, and transferring assets to your heirs.
  • Ensuring that you and your affairs are taken care of in the manner you wish if you should become incapacitated.

Roach, Ioannidis & Megaloudis will create a thorough estate plan to meet your family’s short-term and long-term goals and needs in a professional, efficient, and cost-effective manner. We provide several estate planning services, including:

Wills and Trusts
A will is the cornerstone of your estate plan that directs how your estate is to be administered upon your death. If you wish, you may change it as much as you like to address all the important changes that happen during your life.

We will also prepare a variety of trusts as part of the estate planning process, such as living or testamentary trusts, revocable or irrevocable trusts, or charitable trusts. Call the lawyers at Roach, Ioannidis & Megaloudis to talk about what is best for you.

Disability Planning and Health Care Proxies
A comprehensive estate plan should also address what should happen if you become disabled. Naming a health care agent to make decisions on your behalf and drafting trust documents that state the asset management are all important aspects in the probate and inheritance process. Roach, Ioannidis & Megaloudis can assist you in naming a health care proxy should you become disabled.

Charitable Giving
Many people wish to give back to their community in their estate plans, and therefore charitable gifts can be an important component of your estate planning. Contact the attorneys at Roach, Ioannidis & Megaloudis to discuss the advantages and considerations of including charitable donations in your estate plan.

Probate and Will Contests
After you die, probate courts determine the validity of your will and direct the administration of your estate. Wills and trusts will help reduce the time and costs associated with probate, and possibly probate litigation.

The probate of an estate generally involves:

  • Creating an inventory of and collecting all the property of the estate
  • Notifying and paying creditors of the estate
  • Filing necessary federal and state tax returns
  • Rectifying property disputes
  • Making distributions to beneficiaries

Will Contests
Unfortunately questions and disputes arise over the validity of a will, the absence of a will, issues of capacity, and allegations of undue influence. Roach, Ioannidis & Megaloudis can represent and defend you if there are questions or challenges over a family member’s will or trust.