Areas of Practice:Estate Planning
Estate planning ensures your loved ones are provided for, your debts are paid, and your assets are distributed according to your exact wishes. If funded correctly, a comprehensive estate plan can bypass probate entirely.
Wills
Our estate planning attorneys will help you draft a valid and effective will that formalizes your intentions for the distribution of your assets and names an appropriate executor to carry out your instructions. We also help clients change wills when circumstances, relationships or priorities change. Wills must go through the probate process, which could take 1-3 years, is open to creditor claims, and becomes public record.
Trusts
Trusts do not go through Probate if they are correctly drafted and funded. Any property you choose to transfer into a living trust will not be transferred through probate upon your death. Our firm can help you create a variety of different types of trusts, including revocable living trusts. Tenenbaum Law Group works with you to design your trust so that upon passing, you leave your assets to your loved ones, protecting them from creditors, potential ex-spouses, and keeping it in the family. The best choice is to fund your trust and ensure your assets are protected for your loved ones and that no time and money and spent in probate court.
Powers of Attorney
A power of attorney (POA) is a crucial estate planning document that allows you to appoint someone to make decisions on your behalf if you are unable to make financial, medical, and/or other major life decisions for yourself
Advanced Healthcare Directives
Also known as a living will, this is a legal document that outlines your health care preferences and wishes if you are unable to communicate them.
Guardianships
Parents of minor or disabled children have vital concerns when it comes to formalized care arrangements after they are gone. We work closely with clients to develop suitable guardianship instructions that clearly outline parents’ preferences for custody and care, among other matters, both short-term and long-term.
Deeds
Our real estate professionals can create deeds that designate who will inherit your real property upon passing, essentially bypassing the probate court process and ensuring a smoother transfer of property to your chosen beneficiaries without the need for lengthy legal proceedings; this can save time and money for your heirs