Estate Planning is the process of making arrangements ahead of time to ensure that 1) if you become unable to make financial or medical decisions for yourself because of some incapacity, someone you trust is legally authorized to make those decisions for you, and 2) at your death, the things you own will be distributed according to your stated wishes.
The first of these needs can be accomplished using two simple documents: in the health care proxy you name an agent to make medical decisions for you; in the durable power of attorney you name someone to make financial decisions for you.
The second of these needs can be accomplished using another set of (for most people) fairly simple documents: the will and the trust. The will is a document that instructs how your estate will be distributed upon your death. The trust is a mechanism through which property is transferred from one person to a second person (the trustee), to be held for the benefit of a third person (the beneficiary) and according to certain terms.
The most popular use of the trust is to avoid probate at death. Another popular use of the trust is to allow an older and more responsible person, the trustee, to be in control of the distribution of the contents of the trust to the beneficiary, usually a young person.
We prepare all types of wills and trusts to help people with specific issues concerning the transfer of assets at death and protection of assets for children, including children with special needs and disabilities. We assist people with simple revocable trusts designed for probate avoidance at death as well as with more complex estate tax driven trust planning - including marital deduction and credit shelter trusts, and irrevocable life insurance trusts. Every will and trust is individually written for you and addresses your particular situation and needs.
We ask that clients fill-out and return a client-intake form before their scheduled appointments. You may print this form using the link provided below, or request that one be sent to you in the mail.
To view the estate planning client intake form, please click here.
"Attorney Pall Kalmansson and his staff have helped my Dad and me with estate planning and other elder law services. They were not only knowledgeable and professional, but were also kind and caring during a very difficult time in our lives. I feel like I should say something special about you, Wendy. You were wonderful!"
“Working with Attorney Pall Kalmansson over the past few years as my husband and I aged and needed to update our critical documents was such a comforting experience as it was clear from our first meeting with him that he had the expertise to lead us through an unfamiliar process. However later, after my husband went into a nursing home and I shortly had to negotiate the world of Medicaid, which was something I would never have been able to do without the expertise and support of Attorney Kalmansson and his staff. I will be forever grateful for the knowledge, guidance, direction and care I was given at a very difficult and confusing time! I would highly recommend Attorney Pall Kalmansson to anyone needing this type of legal service."