ESTATE PLANNING

Our lawyers work closely with clients to get to know their unique family circumstances and craft an estate plan that best fits their needs and wishes. PFP lawyers are responsive and intuitive in handling the difficult questions that individuals have to contemplate in drafting a Will.

There are few things as difficult to contemplate as our own mortality. Nevertheless, one of the most important gifts you can give your loved ones is a carefully considered estate plan. This document represents your final opportunity to leave a legacy behind—one that represents who you are, who you love, and what causes or organizations you care about.

As estate planning experts, we can tell you that estate planning does not just involve deciding who receives your assets and possessions after you pass. In fact, many decisions you will make are in regards to situations that may occur before your death. During the course of developing an estate plan, you’ll be asked to consider:

  • What happens if you become disabled before you die? Who should make decisions for you in the event you are unable to do so?
  • What type of long-term care or disability insurance do you have to protect your estate and provide for your needs in the event you require care and can no longer work?
  • Are there any valuables or possessions that should go to a specific person or cause?
  • Do you need to provide for individuals who are unable to manage their own finances?
  • How will you divide your assets among your children, grandchildren, and other loved ones?
  • What degree of control, if any, do you wish to exert over how the assets you bequeath are used after your death?
  • Do you have a business, and if so, who will assume ownership upon your retirement or death?
  • Who will you name as executor of your estate?

Due to the complexities of planning and the significant financial and tax implications that may be involved, estate planning experts are often tapped to provide legal expertise in this area. At Phelan, Frantz, and Peek, we will help you explore how your estate planning decisions might impact your loved ones financially and emotionally. We will also help you understand how different types of estate plans may affect your financial situation and tax liability. Because lives and families change, we encourage you to revisit your estate plan often and ensure it still reflects your final wishes.

This is incredibly difficult and complex terrain. As estate planning experts, we provide the level of personalized care, concern, and attention to detail that befits the task at hand. Rather than use a packet of estate planning handouts, we spend a great deal of time sitting with our clients, getting to know who they really are so that we can create a customized estate plan that reflects their unique legacies. We don’t start with a boilerplate plan and we don’t create documents that aren’t relevant or useful. Instead, we build a custom plan from scratch—one that considers who you are as an individual, and focuses on ensuring your estate plan is thoughtful, prudent, and sound.


Estate Planning Case Study


George and Georgina had been married 10 years when they first came to Phelan, Frantz & Peek. They had two children in elementary school and had no estate planning documents. The impetus for creating a plan now was a trip out of the country to...

Estate Planning Case Study


Laura and Beth were the perfect definition of a modern family. The same-sex couple shared one child in common and each had one other child from a prior relationship who were teenagers at the time the couple came to Phelan, Frantz & Peek. Laura...
ESTATE PLANNING SPECIALISTS

BARBARA DOYLE FRANTZ


GRETCHAN R. OHLIG