Shape Your Family’s Legacy And Future With Innovative Estate Planning
Planning for the future can cause anxiety for a lot of people. However, a carefully crafted estate plan can help relieve anxiety, providing the peace of mind that comes with knowing you have everything squared away.
For this reason, it’s vital to pursue an estate plan sooner rather than later in life – and to keep it updated with all of life’s shifting circumstances. While we have little control over what may happen to us over the course of our lives, we can use estate planning tools to shape our legacies and fortify our financial stability.
Choosing The Right Estate Planning Lawyer
Finding the right attorney is just as important as making the decision to implement or update an estate plan. Your lawyer should have solid legal footing and in-depth experience navigating not only estate planning in Louisiana, but also the tax considerations that often go along with it.
Carl Goode is an experienced attorney and founder of Goode Tax and Estate Planning Law Group, LLC, in Baton Rouge. As a board-certified estate planning and administration specialist – one of only a few in the state – he has the insight you need to put a rock-solid estate plan into place. He is also board-certified in tax law and holds a Master of Law degree in taxation, which gives him a leg up in addressing estate-related tax issues. With 40-plus years of experience, he is the right choice for those seeking peace of mind in preparing for the future.
Carl can help you establish an estate plan tailored to meet your needs and secure your family’s future.
How An Estate Plan Can Benefit People From All Walks Of Life
Many people mistakenly believe that an estate plan can only benefit the wealthy or those who are in the twilight years of their lives. The fact is, an estate plan can be useful for those with limited assets or for younger people, particularly young couples or parents.
A comprehensive estate plan involves more than simply distributing your assets after you have passed on. It can also outline your medical wishes should you ever become incapacitated, allow you to name a trusted guardian if you are unable to care for your children or enable you to protect your assets while also qualifying for long-term care assistance. With an estate plan in place that addresses all these contingencies, you can rest assured that if an unexpected tragedy arises, your loved ones will be taken care of and your wishes upheld.
Putting The Right Estate Planning Tools Into Place
Generally, most estate plans include legal instruments such as:
- Last will and testaments
- Powers of attorney
- Living wills
Choosing the right tools for your situation involves a detailed analysis of your financial and family circumstances as well as your goals and wishes. Carl will discuss your individual situation to provide insightful guidance on which of these estate planning tools are best suited to help you achieve your goals.
Why Work With A Lawyer Who Also Handles Estate Administration And Successions
In addition to preparing estate plans, Carl assists individuals and families with the complex process of probate and successions after the death of a loved one. His skill in this area shapes and informs his approach to estate planning. He knows firsthand how ambiguous or poorly-drafted estate planning documents can open the door to costly disputes. He uses that insight to craft stronger, more effective estate plans on the front end, minimizing the risk of complications down the road.