Estate Planning
Kissinger & Fellman attorneys assist clients in preserving
their wealth during their lifetimes and transferring their wealth
as easily as possible upon their deaths. Because the topics of death
and taxes are uncomfortable for many, our attorneys strive to make
this planning process as painless as possible. Listening to a client's
wishes is part of that process.
The Firm's estate planning clientele includes families with multi-million
dollar estates, business owners seeking to pass control and ownership
of their business to younger generations, and young families with
yet-to-be accumulated wealth. Regardless of the size of the estate,
each client's situation is unique and is given careful attention.
The Firm's primary goal is to utilize appropriate estate planning
instruments to meet each client's needs. The need might be as straightforward
as a simple will or as sophisticated as a plan that utilizes multiple
trusts and business entities. Our Firm is well versed in drafting
wills, testamentary trusts, marital/family trusts, irrevocable life
insurance trusts and charitable trusts. Our estate plans may also
include the formation of entities such as family limited liability
partnerships and family limited liability companies. Kissinger &
Fellman creates an estate plan for each client that distributes
assets according to the client's wishes and provides a client with
as many tax benefits as are allowable for the client's situation.
The educational background and experience of our attorneys gives
them the ability to recommend and implement appropriate plans in
any of these situations. Additionally, our attorneys strive to be
at the forefront in terms of any tax law or estate planning changes
by attending continuing education courses and then implementing
what they learn.
Another important aspect that is included as part of the Firm's
estate planning services is to ensure that a person's wishes are
carried out during his or her lifetime. We provide clients with
documents that will affect them during their lives. As part of an
estate plan, we typically include a durable general power of attorney,
a power of attorney for health care, and a living will. The durable
general power of attorney and the power of attorney for health care
go into effect if a person becomes disabled or incapacitated and
cannot make decisions on his or her own behalf. With these documents,
the clients can designate whom they want to step into their shoes
as the agent to make decisions on their behalf. The living will
gives the agent guidelines as to what the client wants in terms
of artificial life support and artificial nourishment if the client
is deemed to be terminally ill.
By using different combinations of the documents discussed above,
Kissinger & Fellman, P.C. strives to create estate plans that
are tailor-made to meet a client's needs and to ensure that the
client's wishes are honored.
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