If you have a spouse and/or children, especially minor children, estate planning is a necessity.

A Will or Trust directs what happens to your assets when you pass away. However, a Will or Trust can help ensure that the persons of your choosing get physical custody of your minor children and the authority to manage your assets for the benefit of your minor children.

Estate Planning involves more than just providing for those who inherit your assets when you pass away. Estate Planning also allows you to plan for your own future. These days people are living longer and often times reach a point where they are physically and/or mentally unable to care for themselves or handle their own finances. Unless you meet with an attorney to plan for such a scenario, a guardianship proceeding in court will be your family’s only option.

Gretchen Neddenriep, on the other hand, can draft documents that avoid the need for guardianship and probate proceedings to allow the person or persons of your choosing to manage your finances for your benefit and make healthcare decisions on your behalf when you’re unable to do so yourself.

Estate Planning

Gretchen Neddenriep offers comprehensive estate planning services, including preparation of wills, trusts and other legal instruments tailored to meet each client’s specific personal and family needs.

Basic Estate Plans to Sophisticated Trust Solutions

Wills and trusts are the building blocks of estate planning.  While a Last Will and Testament specifies how assets are to be distributed after death, trusts can address more specific estate planning goals.  Often, in both simple and complex estate plans, a financial power of attorney and/or health care directive power of attorney might be appropriate to address specific financial and health care issues during a period of disability.

Some common trust-based options include:

• Testamentary Trusts
• Revocable Living Trusts
• Irrevocable Life Insurance Trusts
• Special Needs Trusts

Ms. Neddenriep can also work to resolve the specialized estate planning issues faced by blended families and unmarried partners.

In many cases, Ms. Neddenriep works with clients who need to consider guardianship or conservatorship to secure the financial and personal well-being of incapacitated relatives.

Call Gretchen Neddenriep for
all of your estate planning needs.
(847) 625- 7830