Estate PlanningWhen you pass away you will leave behind a lifetime of hard work and earnings. You will probably want some say over what happens to the assets you leave behind. If you have a family, you may want your family members to continue living the lifestyle to which they are accustomed. If you don't have a family, you may still expect your estate to grow and prosper long after you're gone. In either case, simply having a valid will may not be enough. A detailed and thorough estate plan is necessary. Often times, people think planning can wait and they put it off until it's too late. Others take the time to plan, but make treacherous mistakes. Even some of the wealthiest people in America make careless mistakes, which could be prevented. Elvis Presley executed a last will and testament before his death. Do you know who the largest beneficiary of his 10 million dollar estate was? Uncle Sam. The billionaire aviation-pioneer, Howard Hughes, left behind many wills, but in the end had absolutely no say over where his great fortune went. A Former Chief Justice of the Supreme Court prepared his own will. Warren Burger cost his estate thousands of dollars because he failed to give power to his executors. It happens to the best of us, but it doesn't have to happen to the rest of us. With proper planning you can protect your assets, long after you're gone. You can also be sure that your own medical wishes are carried out the way you would like. At Mary E. King P.L., we can help take care of disputes that arise after someone passes away. We practice in trust litigation, probate, will construction and many other areas. Our Estate Planning services include, but are not limited to:
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