Estate Planning – Wills, Trusts and Power of Attorney

Real Support Advisors TM

Protecting Your Family

At Victorium Legal, we strive to protect and maintain the wealth created to benefit our clients, their family, and future generations. We diligently strive to minimize tax liabilities and shield against unforeseen circumstances. Estate planning decisions can be complicated, and often, emotional. Our experienced attorneys attentively listen to our clients’ wishes, developing estate planning documents that honor and fulfill their desires. Whether it involves trusts, wills, charities, foundations, powers of attorney, living wills, or health care directives, we work tirelessly to preempt potential legal issues and provide for others.

Crafting the Optimal Structure

Once it is determined what is needed our attorneys meticulously craft the necessary structure and associated legal documents.  Throughout the process, we prioritize tax considerations and ensure the long-term viability of our client’s endeavors.

For example, we actively engage and collaborate with a diverse range of charities and private foundations. Our dedicated team of attorneys begins by assessing the specific requirements of our clients to determine the most suitable approach, whether it involves establishing a charity or a private foundation. Charities are primarily focused on carrying out charitable work, whereas private foundations play a crucial role in providing essential support to charitable organizations. Once the chosen entity is established, we take great care in overseeing its long-term sustainability and closely monitoring its legal structure to ensure full compliance and optimal effectiveness.

Safeguarding Your Family’s Interests

Estate planning is about more than preparing for the inevitable. A good estate plan should also consider the unexpected. Significant assets such as life insurance, stock portfolios, retirement-plan distributions and real estate are carefully considered when developing and creating estate plans and trusts. If there is an unfortunate and unplanned life event such as illness or divorce, our lawyers will minimize the negative impact they may cause on an estate.

Your plan may have detailed instructions for what happens when you are no longer around, but what if something goes wrong while you are alive?

In the event that you are no longer capable of managing your affairs, it becomes crucial to have someone you trust acting on your behalf, prioritizing your best interests. A financial power of attorney (POA) is a legal document that enables you to designate a reliable individual to make financial decisions on your behalf, including signing checks, opening bank accounts, and handling your mail. A financial POA can be immediate, granting someone else the authority to act on your behalf now and in the future. Alternatively, it can be a springing POA, meaning it becomes effective only upon the occurrence of specific conditions, usually when you become incapacitated or unable to make decisions for yourself.