Estate Planning for the LGBTQ+ Community
Proper estate planning by the LGBTQ community will protect assets and make sure medical and financial decisions are made by the right person.
Top Ten Reasons to Create an Estate Plan
Given the complexities of most estate plans, you’ll want to work with a qualified estate planning attorney. You may also find it helpful to work with other professionals, such as a financial planner, an insurance agent, or an accountant. But your attorney should always be the one who prepares your estate planning documents.
Last Will vs. Living Trust
Should you create a last will or a living trust? In determining if you should create a last will or a living trust, it is important to understand what happens after you pass away, including the legal considerations, the role of your executor, and the distribution of your specific assets.
What is an Advance Health Care Directive?
A document that I often prepare for my clients as an essential part of their estate plan is the Advance Health Care Directive. This document is important so your wishes regarding medical decisions and end-of-life decisions will be known to your loved ones and medical providers.
What is a Durable Power of Attorney?
A durable power of attorney allows your property and financial affairs to be managed the way you want in the event you become incapacitated.
What is a Pourover Will?
A pourover will is a will used in connection with a trust. A pourover will is like any other will, except that the primary beneficiary is your living trust.
Specific Estate Planning Needs of the LGBTQ+ Community
Proper estate planning by an attorney who is a member of the LGBTQ+ community ensures you are working with someone who understands your unique needs. Ensuring your assets will go to who you want, your estate is managed by the person of your choice, and in the event you are incapacitated, your medical decision and financial matters are handled by the person you want, is essential to protecting yourself as a member of the LGBTQ+ community.
Meet Your Attorney – Eric A. Rudolph
Estate planning is personal. When selecting your estate planning attorney, it is important to work with someone who understands your unique needs, including where you come from, where you're going, and the people who matter most to you; all essential elements to creating an estate plan that works for you.
Protect Your Home with a Living Trust
The best way to protect your home from probate is to transfer it into a Living Trust. Creating a Living Trust allows for the easy transfer of your home and saves thousands of dollars after you pass away.
Estate Planning for the LGBT Community
Who will make legal, financial and medical decisions for you if you can't? Your spouse or partner? Maybe. But if you don't have one, then who? A judge? A court appointed stranger? An unwanted family member? The Law Offices of Eric A. Rudolph P.C. provides specialized knowledge and dedicated guidance for the LGBT community that simplifies creating an estate plan to protect you and your loved ones.