Estate Planning for Seniors

The most basic estate planning begins with a will. Wills in West Virginia can take several forms. If your will is not properly drafted in one of those forms, it will be considered invalid and, upon your death, you will be considered to have died intestate, meaning without a will.

Saving your family from a major fall-out by executing a simple, well thought-out will could be your greatest legacy. You may think a trust is something only used for large estates. There are many different types of trusts that serve multiple purposes, and there may be one that is a vital planning tool for you.

Some people may require a more complex will, prepared for you by a trusts and estates attorney. A complex will may be more appropriate if:

- Your assets are valuable enough that estate taxes will apply.

- You wish to establish a special needs trust for a child with a disability.

- You want to set up a trust so that your children receive a certain sum of money at a particular age.

- You have a previous spouse and/or children from a previous relationship.

- You own a business.

Good Grief Law will look at your unique circumstances and help guide you to a plan that is perfect for you.  If you’re looking for estate planning for seniors in Charleston, call us for a free phone consultation.