Greenville Lawyer Wants The Elderly and Their Children To Get Their Estate Affairs Organized and In Order

Elder Law is a fairly new specialized law discipline that handles the problems and issues met by the fastest growing section of America's population, the elderly. It incorporates elements of Estate Planning, Health Care Planning, Conservatorship, Wills and Trusts and Medicare/Medicaid Planning.

Pete Fields, a Greenville Attorney, from Greenville, South Carolina, cautions senior citizens and those who love them of complications that inevitably arise if estate planning issues don't get settled fast, "If you wait, it might be too late to have your affairs taken care of in the manner you wish! 

The following is just a small listing of what this Greenville Estate Planning Attorney can help you in accomplishing:

  •         Save on Estate Taxes, Income Taxes and Death Taxes

  •          Plan for The Care That You Will Require Before That Time Appears

  •          Pass An Inheritance To Your Loved Ones

  •          Lower and Possibly Eliminate Assisted Living Facility Costs

  •         Care for Family and Loved Ones Appropriately

  •         Make Suitable Investments

  •          Increase The Income You Keep, Protect Your Savings

Why You Really Should Do Your Estate Planning Right Away!

There isn't anyone that enjoys dwell on the idea of their death. But if you table planning for your departure until it is too late, you may run the risk that intended recipients -- those people that you love the most -- might not inherit what you'd want them to receive whether because of needless taxes or arguing among your heirs. This is why planning your estate is so critical, regardless of how small or big your estate may be! Estate planning provides a means, while you are still alive, to insure that your estate will go to those you want, in the way you wish, and in the time you want. It provides a way for you to save as much on taxes as you possibly can, court costs and attorneys' fees; and it provides the peace that your family and children can mourn over your death without being simultaneously overwhelmed with needless red tape and financial complication. All estate plans need to contain, at minimum, two significant estate planning instruments: a power of attorney and a will. Power of attorney is for controlling and managing your property while you are alive, in case you can't do it on your own. A will is for the administration and apportionment of your property and assets following your death. In addition, more and more, Americans are using living (or revocable) trusts to escape probate and to regulate their estate both while they are living and once they have died. How do you know if you need this service?

 -Have no legal documents

 -Have documents which are out of date and your children are adults

-Have documents which no longer reflect your wishes

About the author:

Pete Fields is a Greenville estate planning attorney   in Greenville, SC. He also has a law office located in Clemson, South Carolina that includes a Clemson estate planning lawyer. The information in this article is for general informational purposes only and does not constitute legal advice. If you've got specific questions, talk with a well qualified elder law attorney. 2007 The Fields Law Firm