Estate Planning

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Estate Planning

Estate planning is the act of preparing for the transfer of a person's wealth and assets after his or her death. Assets, life insurance, pensions, real estate, cars, personal belongings, and debts are all part of one's estate.

Estate planning isn't only for the very wealthy. Everyone wants his or her wishes carried out after death. It may be assuring that assets are given to the right person, postponing the distribution of assets until a later time, or providing care for a child or grandchild. All of us have a need to accomplish an orderly transfer of property. Contact the experts at Noble, Montague & Moul to learn more about options for satisfying your needs.
Estate Planning

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About Estate Planning

Estate law is the body of law that concerns a person's physical and personal property. Estate law involves planning for a person's finances and property both during their lifetime and after. It's a body of law that includes taking care of people and property. It can involve both transactional law and litigation.
  • Why is estate planning important?

    Essential to estate planning is transferring assets to heirs with an eye toward creating the smallest possible tax burden for them. Even with just a little bit of estate planning, couples can reduce much or even all of their federal and state estate taxes and state inheritance taxes, which can get very pricey.

  • Is a will the same thing as estate planning?

    If you want to start your estate planning and you are new to it then the first you may be considering drafting a will. Every adult should have a will. However, a will and estate planning are not the same things. While they generally go hand-and-hand, a will is just a small part of the estate planning process. For most people, a well-prepared estate planning involves much more than just writing a will.

  • How do I begin estate planning?

    You are never too young to begin planning your estate. Contact one of our trusted lawyers today to learn how to begin planning your estate.