Wills, Trusts, and Estate Planning
You are never too young to start planning for the future with wills, a living will, or trusts. As soon as you are 18-years old, you are an adult, and your parents can no longer legally make decisions on your behalf. Before you know it, you will make decisions on your own for aspects of your life that you never had to think about, such as healthcare and finance.
It is never too soon to prepare for the future.
Many people feel they are too young to worry about things like a Will or Health Care Proxy. Unfortunately, there are far too many examples of people who thought they had plenty of time to make these important decisions, only for it to be too late far too soon.
The Law Office of Nicole Zuvich handles estate and tax planning from the simple to the most complex. Our attorneys and supporting staff have a tremendous working knowledge of the interplay of estate planning, tax laws, Medicaid, and estate administration rules.
We work with you to develop a long-term plan that grows with you over time that protects you, your family, and your assets. As you grow and as your family grows and you gain more assets, your plans will have to change and grow along with you.
When we work with you, we listen to your long-term goals. We hear your concerns and work hard to alleviate those concerns and fears.
Health Ccare Proxy and A Power of Attorney
As a child and even as a teenager, your parents can make decisions for you. Your parents will not be able to speak for you when you become an adult at the age of 18. If you become ill, they cannot make decisions on your behalf. Doctors and other authorities such as police officers are not able to share information with your parents without your permission.
As an adult, it is your responsibility to ensure that you are protected. That means that you allow your parents or a trusted family member to speak for you when you are unable to speak for yourself.
Get Your Advance Directives Set Before it is Too Late.
As we get older, having a Health Care Proxy becomes increasingly essential. The older we get, the higher the chance of a severe medical event. Conditions, such as the after-effects of a stroke, may require a family member to speak on our behalf.
A Health Care Proxy will allow doctors and other medical professionals to speak to your trusted family members. It will enable them to make significant, and even life-saving decisions on your behalf. You can grant them the ability to make all the decisions or specify which decisions they can make. Your Health Care Proxy or a Living Will may allow for no extraordinary measures to be taken or authorize tissue or organ donation. These are decisions a parent or family member might not agree to, or have the willingness to make.
A Power of Attorney allows your trusted family member to speak on your behalf in other legal and financial matters, such as paying bills or managing investments.
Wills, Living Will, and Trusts
A Living Will is an advance directive that states your wishes on what types of medical care you would wish to receive if you are unable to communicate these wishes. These decisions involve possible end-of-life care. A Health Care Proxy cannot override these decisions.
Wills, which is also called a Last Will and Testament, or Final Will, are legal documents that allow you to control what happens to your estate after your death. You can define your assets, assign guardians for your children, and appoint an executor. Wills are very detailed documents that require witnesses and be handled in a precise manner to be valid.
At the Law Offices of Nicole Zuvich, we draft Last Wills and Testaments, Revocable and Irrevocable Living Trusts, as well as General Powers of Attorney, Medical Proxies and Living Wills.
For some, these plans also include a deed or co-op transfers and the formation of LLCs or other business entities. We believe that it is our job to listen and advise, not to override our clients’ free will and choice. We prefer to educate our clients and help them develop the best plan for them and their families.
The documents you receive are custom-made according to your wishes. It is common for people to download forms and fill in the blanks.
Unfortunately, these forms are simplistic and often leave much open to interpretation or leave details out altogether.
Call the Law Offices of Nicole Zuvich to have Your Wishes Be Well Documented.
When you work with Nicole, you will know that we have covered all of the details. All of your wishes are well-documented. As you grow and your circumstances change, you will want to update your paperwork.
Making changes and updates are always an option for you. Nothing is final until the very end. If you have any questions, call the Law Offices of Nicole Zuvich at 516-880-9988.