Got Axelrod? Call Our Experienced Myrtle Beach Criminal and Personal Injury attorneys.

COVID-19 UPDATE

At Axelrod & Associates, we face adversity daily when fighting for our clients. We want to assure our clients that during this time of adversity throughout our country, we will continue to fight for our clients and provide quality legal representation that defines Axelrod & Associates, P.A.

Please view our COVID-19 statement to learn more about the steps we are taking to continue to provide legal representation for our clients while putting health and safety first.

Got Axelrod?

What can I include in my estate plan?

Many people view estate planning as a daunting task. Whether you aren’t sure where to start or you’re put off by the prospect of confronting your own mortality, you may share those same sentiments. But tackling your estate plan doesn’t have to be scary or overwhelming.

While it’s true that a good estate plan often contains multiple documents, each individual document serves its own purpose and contributes to the safety and security of your family. Knowing what elements are available to include in your estate plan can help you start preparing for your future.

Wills

Most commonly associated with estate planning, a will is a document that lists your assets and beneficiaries. It details how you’d like your belongings to be distributed. This includes your property, vehicles, money, clothes, jewelry and even pets. In your will, you can also appoint guardians for minor children or incapacitated adults.

Trusts

Trusts are similar to wills in that they list your assets and beneficiaries. However, a trust involves a third party, called a trustee. When you place assets in a trust, those assets pass into your trustee’s hands when you can no longer manage them. It is up to your trustee to then oversee your estate and distribute your assets.

Depending on your needs, there are a few different types of trusts to choose from. Additionally, many people choose trusts over wills because they come with additional benefits such as avoiding probate and maintaining privacy. Other people use both trusts and wills in their estate plan.

Advance healthcare directives

Many people think that estate planning is just for death. On the contrary, you should prepare to plan for life as well. An advance healthcare directive is a useful tool that can help you do just that.

Sometimes known as a living will, a healthcare directive allows you to specify your wishes should you fall ill or incapacitated and can no longer speak for yourself. The details of an advance healthcare directive might include caregiving directions, treatment preferences and even organ donation instructions.

Don’t hesitate to seek assistance

Your estate plan should be unique to fit your needs and the needs of your family. And although you shouldn’t be scared of estate planning, it can be a complicated process. An estate planning attorney can be beneficial to you during this time. They can assist you in figuring out which documents you’ll need to include in your estate plan to ensure a safe and secure future for you and your family.

No Comments

Leave a comment
Comment Information
Got Axelrod? Call 843.353.3449
Email Us For A Response

Get A Free Consultation

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form. Consultations will be evaluated on a case by case basis. Please note that some consultations may require a consultation fee. Please contact our office for further information.

close

Privacy Policy

Axelrod & Associates, P.A.
4701 Oleander Drive, Suite A
Myrtle Beach, SC 29577

Phone: 843-353-3449
Phone: 803-909-9334
Phone: 843-390-9090
Fax: 843-916-9311
Myrtle Beach Law Office Map

Axelrod & Associates, P.A.
331 E. Main Street, Suite 200
Rock Hill, SC 29730

Phone: 843-353-3449
Rock Hill Law Office Map

Axelrod & Associates, P.A.
3700 Golf Colony Ln
Little River, SC 29566

Phone: 843-353-3449
Little River Law Office Map

Myrtle Beach Office
1550 N. Oak St.
Myrtle Beach, SC 29577

Map & Directions