The Law Office of Heather Dern Myers
299 Rock Cliff Drive
Martinsburg, WV 25401
United States
ph: 304-263-9099
fax: 888-211-9518
alt: 304-263-9011
heather
Most people need to plan for their and their family's future at one time or another. Often it is too late by the time they realize the need for planning. By visiting an Estate Planning attorney they can discover what they need to do to provide for themselves and their loved ones in the event of disability or death.
We are often asked if it is expensive to have plans prepared by an attorney. The cost is minimal compared to the possible cost in court fees, estate taxes or the heartbreak of family members when they do not receive what they know you wanted them to inherit.
Estate planning can be as simple as having your will, Power of Attorney, Medical Power of Attorney and Living Will prepared. It can also be as complicated as setting up corporations, partnerships and trusts to minimize the estate tax impact at your death. Estate planning allows you to provide for the many contingencies that keep you up at night with worry--children, grandchildren, parents.
It can be quite an honor to be named the executor of a person's estate. It means that they trust and respect you. To honor that committment to them you usually will need the help of an attorney to be sure that all the forms and taxes required are filed in a timely manner. As a third party, your attorney can help you make relevant decisions regarding payment of debts, expenses and distribution of assets per the terms of the will.
As parents, brothers and sisters, we are often faced with the need to provide for a loved one who has some physical, mental or emotional challenges. They may be currently receiving government assistance or anticipate receiving assistance in the future. You want to provide for them without risking these benefits and without impoverishing your other children or siblings. Complex planning is necessary to achieve these goals but it can be done.
Most of us have worked hard all our lives to build a nest egg for our families. Too often we hear horror stories of all the monies being spent to support a family member in ill health, either mentally or physically. The children inherit nothing and the spouse is left with reduced assets on which to live. Proper planning can negate some the financial impact of nursing home bills and care companions. While this type of planning should be done well in advance of someone entering a nursing home, there are some strategies that can still be implemented when a nursing home stay is looming on the horizon.
Please contact us to set up an appointment if any of these services appear to be needed by you or anyone in your family.
Copyright 2010 The Law Office of Heather Dern Myers. All rights reserved.
The Law Office of Heather Dern Myers
299 Rock Cliff Drive
Martinsburg, WV 25401
United States
ph: 304-263-9099
fax: 888-211-9518
alt: 304-263-9011
heather