Estate Planning of Mr. and Mrs. Jones

Joseph L. Morana

Practice Area:Estate Planning

Outcome:Very satisfied clients with properly structured and funded Revocable Living Trust

Description:A married couple (names changed for privacy) with two minor children sought to: (1) avoid probate; (2) protect their assets from estate taxes; (3) provide for proper end-of-life health care and financial management; and (4) ensure proper asset management for the children by a trusted family member in the event of their untimely deaths. With new Wills, Revocable Living Trust (funded with current assets), Durable Powers of Attorney, Health Care Proxies and Living Wills, clients were able to meet their goals within two weeks of our initial meeting.