Estate Planning & Administration
Plan with purpose. Protect what matters.
Estate Planning & Administration
Wills, Trust, Powers of Attorney, Medical Directives, Probate.
At Preciouslaw.com, we prepare wills, powers of attorney, and other planning documents that help organize your affairs and give you peace of mind.
Step by Step
Wills, Trust, Powers of Attorney, Medical Directives, Probate.
01
Inventory & Information Gathering
You begin by identifying all assets, liabilities, accounts, insurance, and property titles. This includes real estate, bank/investment accounts, retirement plans, life insurance, business interests, and valuable personal property.
02
Define Goals & Beneficiaries
You determine who should inherit, who will serve as executor, who will be guardian for minor children, and what your priorities are (tax minimization, privacy, special‑needs planning, charitable giving, business succession).
03
Draft Core Estate Planning Documents
A foundational set of documents: Last Will and Testament, Durable Financial Power of Attorney, Healthcare Power of Attorney / Healthcare Proxy, Living Will (Advance Directive). These protect you during incapacity and ensure your wishes are carried out after death.
04
Trust Planning (If Applicable)
Many estates add a revocable living trust to avoid probate, manage complex assets, or ensure privacy. Trusts require naming trustees and properly funding the trust.
05
Beneficiary Designations & Key Appointments
You update beneficiary designations on retirement accounts, life insurance, and name fiduciaries: Executor, Trustees, Guardians, Agents under powers of attorney. These designations often pass assets outside the will, making accuracy critical.
06
Tax, Asset Protection & Special Situations
Advanced planning addresses estate tax exposure, business ownership, charitable giving, special‑needs beneficiaries, and multigenerational wealth transfer. These strategies apply once the foundational documents are in place.
07
Document Storage & Communication
Estate plans must be stored securely (safe, vault, or fireproof box) and accessible to fiduciaries.
08
Review & Update Regularly
Estate plans must be updated after major life events — marriage, divorce, birth of a child, death of a beneficiary, or significant asset changes. Regular reviews every few years are recommended.
Free Consultation
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Call us. If we can’t help you, we will direct you to someone who can assist you.