Customized Wealth Preservation and Estate Planning Services in Atlanta, GA
Preserve your family’s legacy, protect your hard-earned assets, and ensure your future generations are provided for.
You’ve worked incredibly hard for many years to provide for yourself and your family. You may have had to work full time while furthering your education, done everything in your power to obtain a managerial position, or dedicated more than 80 hours a week running your own business. You’ve made so many sacrifices while climbing the ladder of success, and now it’s time to ensure your family will continue to enjoy the fruits of your labor long after your passing.
Preserving wealth for your future generations is as important as passing down your family history to them. Let me help you secure your legacy.
Stacey-Ann Taylor Law provides wealth preservation and estate planning services for small business owners, couples, and individuals in Atlanta, GA. The more you can make your wishes known in writing in advance of your declining health or passing, the easier it will be for your family to recover from what will be a very difficult time in their lives. I use flat-fee pricing for my services so there are no surprises in terms of cost. While wills and trusts are the foundation of wealth preservation, I can also draft supporting documents that will make your wishes regarding your healthcare and the payment of your bills in the event of declining health clear. Additionally, I can help ensure there are responsible guardians in place for your minor children.
What Is the Process of Creating an Estate Plan?
Determining how your wealth will be divided among your beneficiaries can be daunting. However, Stacey-Ann Taylor Law makes it easy to create an estate plan that fully represents and protects your best interests, as well as those of your loved ones. Below are the steps involved in the estate planning process, approximate timeline for delivery and execution, and what you can expect along the way.
- Schedule an initial estate planning consultation. Reserve a date and time to meet for an initial discussion of our services and your expectations. Please be advised that there is a non-refundable fee of $300 for the initial consultation.
- Complete a new client form. This is a standard client intake form that includes basic information regarding your personal and/or business information for our records, which will be used as a reference in your estate plan, should you elect to move forward with our services.
- Attend the initial estate planning meeting. I will meet with you at the scheduled time and date to discuss your wishes and expectations in detail regarding the distribution of your wealth, property, and assets, as well as (if applicable) guardianship arrangements for minors, in the even you become incapacitated or upon your passing.
- Drafting period. On average, it will take approximately three weeks after the initial consultation to draft your unique estate planning documents. We will reach out as soon as the plan is ready and schedule a follow-up meeting for review.
- Attend the follow-up meeting to review and sign your documents. During the follow-up meeting, you’ll have the opportunity to review the estate plan, discuss any questions you may have, suggest amendments to the draft, and finalize the documents.
Choosing the Right Wealth Preservation and Estate Planning Services That Will Help You Provide for Your Family
Stacey-Ann Taylor Law offers a host of wealth preservation and estate planning services in Atlanta, Georgia for both individuals and small business owners. We will work with you throughout the entire process to determine the options that are most beneficial to your circumstances and create a customized package based on your unique needs and wishes. Our services and anticipated costs are outlined in detail below so you can be fully prepared in advance of our meeting.
INITIAL CONSULTATION FOR ESTATE PLANNING – $300
The purpose of the initial estate planning consultation serves as a basis for learning more about your wealth protection and estate planning goals, as well as your thoughts about medical care in the event of declining health. During the initial in-person meeting, I will listen carefully to your concerns and take notes of your desires. I will then provide you with different estate planning package options that will include healthcare-related documents in the event of your declining health or incapacitation. This initial consultation costs $300 and will last between 1-2 hours. The $300 fee must be paid prior to the initial consultation.
WILL PACKAGE FOR SINGLES WITHOUT MINOR CHILDREN – $1500
This package includes a Will, Durable Financial Power of Attorney, Healthcare Advance Directive (Living Will), and HIPAA Authorization.
WILL PACKAGE FOR COUPLES WITHOUT MINOR CHILDREN – $2400
This package includes Wills, Durable Financial Powers of Attorney, Healthcare Advance Directives (Living Wills), and HIPAA Authorizations.
TRUST PACKAGE FOR SINGLES WITH MINOR CHILDREN – $2700
The trust package includes a Lifetime Revocable Trust, Pour-Over Will, Durable Financial Power of Attorney, Healthcare Advance Directive (Living Will), HIPAA Authorization, and Warranty Deed (if needed).
TRUST PACKAGE FOR COUPLES WITH MINOR CHILDREN – $3600
The trust package includes Lifetime Revocable Trusts, Pour-Over Wills, Durable Financial Powers of Attorney, Healthcare Advance Directives (Living Wills), HIPAA Authorizations, and Warranty Deed (if needed).
Understanding Estate Planning Terms
A Last Will and Testament (often referred to simply as a “Will”) is a legal document that explains how you would like your cash, real property, cars, and other assets to be divided among your loved ones after you’ve passed on. You can also use your will to name a legal guardian for your minor children. Your will must go through the probate process after you’ve passed away so that a court can make sure your wishes are carried out accurately and fairly. Additionally, you must name an Executor (a responsible person you trust) in your will who will be charged with taking your will through the probate process after you’ve passed on.
REVOCABLE LIVING TRUST
A Revocable Living Trust is a legal entity that is designed to hold your cash, real property, cars, and other assets. It is created during your lifetime and can be revised at any point prior to your passing, should your desires change. The main benefit of a Revocable Living Trust is that your estate can avoid the probate process in the court system upon your passing. You must name a Trustee (usually yourself or another responsible person you trust) in your Revocable Living Trust to manage the assets in it. You must also name a Successor Trustee to manage the assets in the Trust after you’ve passed on.
A Pour-Over Will is a legal document that can be used in conjunction with a Revocable Living Trust to designate a legal Guardian for your minor children. A Pour-Over Will can also cover any non-real estate assets that you may have accidentally left out of your Revocable Living Trust so those assets can be distributed according to the terms of the Trust.
A Testamentary Trust is a legal entity that becomes effective upon your passing. It is often used to hold assets for minor children. A trustee must be appointed to manage the assets in the Testamentary Trust for beneficiaries.
HEALTHCARE ADVANCE DIRECTIVE (LIVING WILL)
A Healthcare Advance Directive (also known as a “Living Will”) gives clear instructions about your final wishes, should you become incapacitated and your health is unlikely to improve. It also allows you to assign a person to be responsible for your healthcare decisions should you become incapacitated.
DURABLE FINANCIAL POWER OF ATTORNEY
A Durable Financial Power of Attorney allows you to assign a person to pay your bills and take care of your other financial responsibilities immediately upon the signing of the document, or upon the determination of a doctor that you have become incapacitated.
HIPAA AUTHORIZATION FORM
Signing a Health Insurance Portability and Accountability Act (HIPAA) Authorization form grants permission for your doctor to share personal health information with persons of your choosing. As you know, current privacy laws can sometimes make it challenging for a patient’s information to be shared with others. The completed HIPAA authorization form will make it clear that you give permission for your private health information to be shared with the people you choose.
A Warranty Deed allows you to transfer your property to another legal entity. It can be used to transfer any property you hold the title to free and clear into a Revocable Living Trust, Limited Liability Company (LLC), or another legal entity.
Contact Stacey-Ann Taylor Law in Atlanta Today to Secure Your Family’s Future
Stacey-Ann Taylor Law offers comprehensive will and trust packages, complete with critical documents to help you preserve your wealth and ensure your wishes for both your business and assets are clearly expressed. Contact the firm today for more information about our wealth preservation and estate planning services and to schedule an initial consultation.