Estate Planning

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Estate planning consists of arranging the management and orderly distribution of your assets after death. Properly planning your estate allows you to detail your post-death wishes and provides instructions on how your estate should be transferred to your surviving heirs and beneficiaries.

Even if you do not have substantial wealth, having a well-crafted estate plan is still important. At Pedersen Law, our estate attorneys can help you create an expert estate protection plan tailored to your unique needs and circumstances.

Because Everyone Needs A Plan

It’s easy to assume that estate planning is not necessary, but the reality is that having a plan in place can save you and your family unnecessary drama in the future, no matter what kind of wealth you’ve accumulated.

An estate plan is crucial because it can help your dependents avoid the stressful and lengthy probate process as well as minimize potential family disagreements, communicate your desires and wishes, and prepare for future medical activities.

When Do I Need to Create an Estate Plan?

Unsure of when you need to start creating an estate plan? You’re not alone. Most financial experts recommend developing an estate plan as soon as you are legally responsible for your finances. So, realistically, as soon as you turn 18, you should start planning your estate. 

At Pedersen Law, we understand that estate planning can initially seem complex and daunting, so we are here to help. Ask your estate planning lawyer to review or draft an appropriate estate protection plan that works for your situation, whatever that might be. Whether you are retiring, getting married, having children, or arranging for long-term healthcare, we take your unique situation into account and work with you to achieve your estate planning goals.

We are highly experienced and can handle every aspect of creating your estate plan, powers of attorney, and will, as well as meet all your NFA Gun Trusts needs.

Documents You’ll Need to Plan Your Estate 

Legal estate planning should consider various legal documents. Some of the documents that must be a part of your plan include:

  • Sound Power of Attorney (POA)
  • A Will or Trust 
  • A Letter of Intent
  • Guardianship Designations
  • Healthcare Power of Attorney

Do I Need a Gun Trust if I Own Firearms?

If you want to buy a gun or already own one subject to strict federal and state regulations, and you want to pass it down to your children or other individuals at the time of your death, you need a gun trust. This legal document helps protect you and your beneficiaries during and after your lifetime, reducing the chances of conflicts that often occur after death.

The Benefits of Hiring Pedersen Law

At Pedersen Law, our estate planning lawyers have spent over a decade dedicating our time to our clients. We’ve earned a reputation for being client-oriented, empathetic, and being great at what we do. We’ll consider all of your concerns and goals when creating your estate plan. 

Contact Us Today

When you work with our estate planning lawyers, you can expect a smooth process handled with the utmost integrity and professionalism from the beginning to the end. You can also have peace of mind knowing that you will get the best results possible. Schedule your initial consultation to get started to speak with our experienced Williamsburg estate planning attorneys.