Wills, Trusts & Estates
Last Will and Testament
Without a Will, the distribution of a person’s estate is determined by State law. We can assist you in drafting a will that distributes your estate assets in the way you desire and appoint a representative of your choice to handle your estate.
If you have minor children, you may wish to set up a testamentary trust and appoint a trustee to handle their financial assets. You may desire to appoint a guardian who will be responsible for their care and well-being. A properly drafted Will can address these issues.
Durable Power of Attorney
You can provide for management of your financial affairs in the event of your disability by appointing your spouse, family member or business advisor, eliminating the need for a costly guardianship process. Moreover, you may want to utilize a Power of Attorney for Healthcare to address your wishes regarding medical care in the event of your disability.
When a person dies questions may arise about their financial assets – their bank accounts, stocks and bonds, a home, the family far, a family business. Were the assets in joint tenancy? Is there a Will? Were the bank accounts or stock accounts POD or TOD? Is there life insurance? We can assist you in the transfer of assets to the decedent’s heirs and beneficiaries and assist in payment of legitimate debts, many times without the need to go through the probate process.
Copyright 2012 Parliman & Parliman Attorneys at Law | Sioux Falls, SD