Estate Planning of John and Nancy Smith

Joseph Michael Pankowski Jr

Practice Area:Estate Planning

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

Description:A married couple (whose names have been changed for privacy purposes) with two children wanted to (a) avoid probate; (b) protect their assets from estate taxes; (c) provide for proper end-of-life health care and financial management; and (d) make sure their children would have their assets managed by a family member in the event of their untimely demise. With new Wills, Revocable Living Trusts (funded with their current assets), Powers of Attorney and Living Wills, the clients were able to accomplish all four goals within a month of our first meeting.