Twin Falls Estate Planning Attorney
What is Estate Planning?
Estate planning is the legal process of preparing for your incapacity and death. Preparing an estate plan can be overwhelming for people, either because the thought of dying is hard to face or the process of hiring an estate planning attorney seems too costly and stressful. However, by taking a few moments now to plan your future, you can save your loved ones a great deal of difficulty, avoid extra costs in taxes and legal fees, and enjoy the peace of mind that comes from knowing you are prepared for tomorrow.
Planning that protects everyone you love and everything you own.
Many people are under the misguided belief that the default state laws will take care of their affairs in a satisfactory manner. However, this is rarely the case. An estate planning attorney at Canyon River Law can ensure that your wishes are known and honored, and that your loved ones are provided for in your absence or incapacity.
“We have a blended family and a young child so it felt like a weight was lifted off my chest when we finally put our will and trust in place. Kara led every conversation with thoughtful and compassionate questions. The process was so thorough and we left armed with knowledge and a solid plan for our family.” – AS
Do I Really Need an Estate Plan?
Estate planning is about protecting everything you own, and everyone you love. That is why an estate plan is important for every person from every walk of life: the rich as well as the poor, the married as well as the single, the old as well as the young.
At Canyon River Law, an estate planning attorney will handle all areas of your estate planning so you’ll have peace of mind no matter what the future holds.
- Health Care Directives/Living Wills
- Financial Powers of Attorney
- Beneficiary Designations
- Lifetime Gifting
- Estate and Gift Tax Planning
- Prenuptial Agreements
There are no second chances with death and disability so it is critical you get your estate plan right the first time.
We’re with You Every Step of the Way
We’ll learn about your goals and concerns and explain the various options available.
We will create custom-tailored estate documents that address your unique circumstances and wishes.
After all of your questions have been answered and you are confident that the plan we drafted accurately reflects your wishes, we will hold a signing ceremony to ensure the documents are properly executed.
Once your plan is executed, we coordinate with financial advisors, accountants and other professionals to ensure your plan is implemented properly.
Leave a Legacy of Love, not a Legacy of Chaos
Having a thorough, well-crafted estate plan in place is one of the greatest gifts you can give to your loved ones. Not having the right legal documents in place can often lead to a loss in assets and long, drawn out process for your family. The issues at stake are too important to leave to default state laws or reliance upon our loved one’s memories of your wishes.
Common Misconceptions about Estate Plans
Estate planning is just for the wealthy.
Everyone regardless of their wealth needs a plan. Issues such as who you want to make medical or financial decisions on your behalf, who you want to care for your children, and who can sign for your assets if you become disabled are intimate and important decisions that need to be made no matter your financial situation.
The State’s Default Laws Will protect me.
If you don’t have a plan, the state has one for you. When people die without a will, trust, or other estate plan, the Court directs the person’s assets to be distributed according to Idaho’s laws of intestate succession. Frequently these laws are not consistent with a person’s actual desires. Moreover, they rarely address all of the pertinent issues.
I don’t need an estate plan because everything will go to my spouse.
Even for couples who are married and intend to leave everything to their spouse, estate planning is important. A large part of the estate planning process is making sure assets are properly titled, taxes are minimized, and the transfer of assets on the death of the first spouse is made as simple as economically and streamlined as possible.
I have a will so I have completed my estate plan.
A will is great starting place but is not sufficient on its own. At Canyon River Law, we’ve helped hundreds of people just like you to get their affairs in order – from asset titling, beneficiary designations, living wills, powers of attorney, and many other issues not covered in a will.
You have a choice in these matters. Don’t leave these intimate decisions to the courts or do-it-yourself forms that may not be legal or comprehensive. Our process will allow you to feel confident you’ve left your loved ones with the gift of a plan and a legacy of love.