Join Martinson & Beason, PC attorneys Doug Martinson and Morris Lilienthal for a free webinar on estate planning on Wednesday, May 30th at 6:00 PM (CST). Through an interactive question and answer format, Morris and Doug will be discussing wills, the various forms of trusts, advanced directives for healthcare (also known as living wills) and power of attorney instruments. Get your estate planning questions answered as Morris and Doug will be seeking questions from viewers.
It’s important to have your estate planning affairs in order in any stage of life. Families with young children nominate guardians and have a say at what age their children will receive an inheritance should catastrophe strike. Older members of our community often find comfort in knowing they have a plan for after they pass. Estate planning is also important for blended and non-traditional families.
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Doug is a third-generation attorney and has practiced in the area of probate, estate planning, and elder law for nearly thirty years. He also serves as the Madison County Conservator, managing the financial affairs for those who are incapacitated and in need. He is frequently quoted in publications on estate planning and recently conducted a three-part class on estate planning at the Huntsville Madison County Public Library.
Morris has been assisting families and accident victims since 2003 and was recently selected as a Super Lawyers Rising Star. Morris finds his calling in helping injury victims put the pieces back together. He is also heavily involved with Team Will and the March of Dimes. He is also the host of the Mo Show Live which features local, state and national leaders.
For those with out-of-state property, families businesses, or large or complicated assets, a trust may be a viable probate avoidance vehicle. For families with special needs children, a special needs trust is often needed to protect benefits and assistance. A trust may also be useful for those who are looking for additional probate privacy or have very specific property desires.
The advanced directive for health care frequently referred to as a living will, is another key component of an estate plan. The advanced directive allows the maker choice in whether to continue life support or receive artificial food and hydration. Through the advanced directive, the maker also nominates healthcare proxies.