Planning Protects Your Family and Your Assets
We assist you in creating a personalized estate plan
Alhejaj and Associates, P.C. is a law firm that handles all manner of estate planning issues. Many assume that the wealthy or elderly are the only people who need to create an estate plan for their families. That is simply not the truth. Estate planning is an efficient and secure way to provide for your loved ones and avoid costly and time-consuming legal proceedings. At Alhejaj and Associates, P.C., our attorney has helped many people of all different walks of life and economic backgrounds ensure that their family’s financial future is provided for after they have passed on. In addition, you may want to inquire about related estate planning issues, such as powers of attorney, real estate deeds, and living wills (also known as advanced healthcare directives). We can assist in helping you chose a comprehensive estate plan that covers all your needs.
Two important aspects of our estate planning services are wills and living trusts, one or the other will become the main component of a typical estate plan. Our firm provides professional counsel on:
- Wills —Wills are legally binding directives typically used to name a personal representative, family members, friends, charities, or other recipients as beneficiaries of your real and personal property. A will can also be used to name a guardian to care for your children and to name for the estate. At Alhejaj and Associates, P.C., our attorney works with you on a personal level to create a will that best suits your individual interests and those of your loved ones. Without a will, it is far too common for disputes, financial expenses, and unnecessary emotional stress for your loved ones after your death. Alhejaj and Associates, P.C. can assist you in updating or modifying your will as well. It is wise to periodically review your will considering changing laws, financial situations, or family circumstances. Many wills fail to consider major life events that occur after they are drafted, such as births, deaths, or divorces. Your goals may have also changed over time.
- Trusts — Trusts are often an overlooked means of managing your assets and reducing complications that may arise during probate proceedings. A trust is an agreement between you (the “trustor”) and the trustee, the person who operates the trust. Typically, a trust holds monetary assets, stocks, or real estate. The trust agreement itself informs the trustee how the trust assets are to be handled and names the beneficiaries. A living trust is created during your lifetime and can be either revocable or irrevocable. A revocable trust can be changed or even cancelled, whereas an irrevocable trust cannot. An advantage of a trust over a will is that it is not filed in court, and thus is private. Assets in a living trust also usually avoid probate at death. A will may still be necessary to cover certain assets and deeds that are not suited for trusts, such as stock in a professional corporation, life insurance or an IRA.
The attorneys of Alhejaj and Associates, P.C. prepare living trusts individually suited to our client’s needs and desires. Our attorney prepares detailed exhibits of trust assets and instructions for funding the trust and carefully coordinate beneficiary designations. We also assist our clients in properly funding the trusts and save them countless hours and headaches by preparing deeds and accompanying documents required to transfer interests. Our attorney also offers trust administration services following the death of the trustor.
A wisely constructed living trust can be a powerful tool that can help you manage assets and provide for your loved ones. At Alhejaj and Associates, P.C., our estate planning attorney can help you decide if a living trust is the right decision for you and work with you throughout the drafting and administrative process to ensure your goals are accomplished.
Contact an experience attorney to personalize an estate plan
If you are seeking to either create or modify a will or update other documents, the estate planning attorney at Alhejaj and Associates, P.C. can help ensure that the future of your family and loved ones is in good hands. Contact our Omaha office at 402-345-1717, or online. We serve estate planning clients in the Omaha Metro area.