There are many reasons for having an estate plan. Issues regarding the upbringing of your minor children, the elimination of death taxes, to the greatest extent possible and transferring your wealth (no matter the size of your estate) in the manner you desire are just some of the important reasons for having a plan. If you do not have your own plan, the IRS and the state of Georgia will create one for you. They, not you, will decide who raises your minor children, how your assets will be distributed and how your estate is administered. The result? You, your heirs and your legacy will likely suffer unintended and painful financial consequences.
Given the advantages of having an effective estate plan, it is equally important to have the right law firm design your plan. Our estate planning and elder law attorneys specialize in estate planning and related practice areas. Our level of experience and knowledge of the law allows us to go well beyond traditional estate planning approaches. We can help you and your family take advantage of recent changes to the law to protect as many of your assets as possible, minimize taxes, preserve your wealth for your enjoyment today and that of your loved ones after you are gone and much more.
Here are just some of the services we provide:
- Trusts, including Revocable Living Trust, Dynasty Trusts, Irrevocable Trusts, Life Insurance Trusts, Qualified Personal Residence Trusts, Retirement Trusts, Minors’ Trusts, Generation-Skipping Trusts, and more
- Gifting Programs
- Asset Protection
- Charitable Planning
- Powers of Attorney
- Health Care Directives
- HIPAA Authorizations
- Family Limited Partnerships
- Business Succession
Estate planning is a fluid business. Congress changes the laws regarding estate taxes, life insurance, IRA’s and long term care on a frequent basis. Your personal situation and desires will also change. To account for this, our firm has an annual maintenance program that will keep your plans up to date. This program includes an annual review of your plan, revision of documents to insure compliance with current laws, revision of documents to account for changes in your design (e.g., changes in trustees or executors, changes in distribution instructions for children), phone consultations with our attorneys regarding aspects of your plan and assistance with funding your trusts with newly acquired assets.
If you already have an estate plan, we can review it and, chances are, put our experience to work on your behalf to make it better.
“I have had the privilege of working with Bob Prior for many years, and so have other members of my firm. Bob’s expertise in the areas of estate planning, elder law, and probate matters is unsurpassed and sets the standard for other practitioners to follow. Many attorneys, CPAs, and financial advisors consult with Bob on their own cases. At the client level, he is approachable and patient. His staff is professional and courteous. Bob spends a great deal of time listening and understanding what the client desires before making and executing recommendations. His documents are unique in that they reflect his clients’ individual desires in clear and straightforward language. I strongly encourage anyone needing estate planning or probate services to start with a call to Bob’s office.” – Joe Taylor, Senior Investment Advisor, The Avenue Wealth Management Group, Athens, GA, 706-621-7550
Prior, Daniel, & Wiltshire is very pleased to report that partner Robert “Bob” Prior was specifically commended in connection with his donation of the construction lot and his outstanding legal service to Madison and Morgan County during the “Home Sweet Hero” week of the hit television program Extreme Makeover: Home Edition.