Wills & Trust

Estate planning allows you to provide for and protect your loved ones if you become incapacitated and after your death. Karen Schroeder, Attorney and Counselor at Law, can work with you to create a plan for the distribution and/or protection of your assets. She can provide clear direction and options to assist you so that you can create and implement a plan that simplifies the process for your heirs and avoids disputes that can divide your family.
No matter the size of your estate, it is in your and your heirs’ best interest to prepare and implement an estate plan. Karen’s basic estate package includes a last will and testament, a statutory durable power of attorney and a combo medical power of attorney/living will/HIPPA authority.
With the upcoming tax consequences starting January 1, 2011, estates with a value over one million might be best served by establishing a trust. Trusts are also an important tool in establishing funds for the future care of a disabled child, the education of a child or grandchild or the care of yourself in the event you are diagnosed with a mind- altering disease like alzheimers.