Ronald Page offers a broad scope of estate planning services and helps clients to understand that there are many important reasons to establish an estate plan, including:
To protect yourself and your family while you are alive – If you become incapacitated and unable to make decisions for yourself, having a solid estate plan in place can protect your interests and give your loved ones authority to act on your behalf.
To provide clarity – Not only does an estate plan allow you to provide clear instructions on how assets should be passed along, it can also reduce disagreements among family members.
To avoid the stress of probate – Without proper planning, your estate can take significant time and effort to resolve as it goes through the probate process. In addition, probate fees and taxes can be a burden for any size estate.
To save on taxes and pass along more wealth to your loved ones – For those who are subject to estate taxes, or who may become so in the future, a properly designed estate plan can help prevent the family from paying more in taxes than necessary.
Based on your specific needs and estate planning goals, our professionals will work with you to implement a relevant combination of the following:
• Wills
• Powers of attorney
• Advanced medical directives
• Revocable living trusts
• Irrevocable trusts
• Life insurance trusts
• Trust termination
• Estate planning
• Gift tax planning
• Business incorporation/LLCs
• Business succession planning
• Real estate transactions
However, there is more to estate planning than the aforementioned services. We ensure that each client’s long-range plans are addressed with their unique needs in mind, whether those needs are simple or highly complex. Our careful attention to detail and broad legal experience make us one of Richmond’s premier estate planning firms.