Estate Planning Legal Services
Do you have assets you want to leave behind for your loved ones? Do you want to ensure your healthcare and treatment wishes are met?
If so, you may want to consider doing some estate planning. This important process involves accumulating and disposing of your assets so that they reach the intended beneficiaries, with little or no negative financial consequences. Some of the common goals for estate planning include:
- Leaving the greatest amount of your estate to your intended beneficiaries
- Leaving specific items to specific people
- Designating guardians or establishing trusts for minor children
- Planning for incapacity
- Paying the least amount of taxes
- Avoiding or minimizing the probate process
Some of the documents you should consider completing include: will, living trust, living will, power of attorney. The first two ensure that you decide how your estate is distributed, and they can help to minimize taxes, avoid probate, shield assets from creditors and designate assets for children and grandchildren. The second two have to do with your wishes being carried out if you are unable to communicate end-of-life treatment instructions on your own behalf.
It's never too early to prepare an estate plan. Having one will provide the peace of mind that comes from knowing your wishes will be carried out as you intended.
Your Legal Plan Can Help
The process of estate planning can be complicated, because there are lots of options and many courses of action you can take. To help minimize confusion, it’s a good idea to take advantage of estate planning services through your group legal plan. These employee legal benefits provide access to a lawyer who understands estate planning and can help you execute yours effectively.
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If your employer offers a Hyatt legal plan, click here to learn more about coverage available when you enroll. (Your employer can provide the password needed to access this site.) If you are unsure whether your employer offers a Hyatt legal plan, please contact your benefits or HR department to find out.
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If you are a legal plan member, access your plan to review coverage.
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You may also call the Client Service Center at 800-821-6400 for more information on covered services.
Please note: Some matters, including employment-related matters, are excluded. View terms of service.
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This article is intended to provide you with general information. This article is not intended to provide, and should not be relied upon for, legal advice. If you require legal advice, please consult with your own attorney.