Estate Planning Information


Estate planning encompasses the growth, conservation, and transfer of an individual’s wealth through the creation and maintenance of an “estate plan.”  The purpose of estate planning is to develop a strategy that will maintain the financial security of individuals through their lifetime and facilitate the intended transfer of their property and assets at death, while taking into consideration the unique circumstances of the family and the potential costs of different methods.

All too often, we hear:

  • "I'm too young to do estate planning."
  • "All my property is titled in joint tenancy with my spouse so I don't need a will."
  • "Estate planning is only for the super-rich."
  • "Estate planning is too complicated and expensive."
  • "Doesn't the government provide for that?"
  • "We did our wills right after we got married 30 years ago and see no need for further planning."

If you seek advice and guidance with regard to your estate planning needs, please view our website and search for a the type of member that meets your needs.  As an alternative, you can search for an Accredited Estate Planner® (AEP®) or Estate Planning Law Specialist (EPLS) designation holder in your area on the National Association of Estate Planners & Councils website.

Featured Articles

Liza Horvath, Senior Advocate: Fun with taxes and finance

If the trust agreement in your estate plan includes an old A-B split clause for tax planning — it is time to review and revise. The estate tax exemption is up over $11 million per person which means a married couple can pass over $22 million estate tax free. The old plans may have language that causes ...

Estate-Planning Class Set for Jan. 26

Philanthropic giving is a joyous experience, one that allows an individual to make a real difference. Many donors, however, are unsure how to make the biggest impact. To help them understand, the Jamestown Regional Medical Center Foundation is partnering with Thompson & Associates to offer ...

To whom do I give my friend's will?

For decades, it has been the practice of some estate planning attorneys to retain possession of their clients' original wills. It is now clear, however, that the responsibility of protecting those wills can get expensive and be an administrative burden. The new law allows attorneys (and others in the same ...

PLANNING MATTERS: What to do when you can't decide

If you've been putting off meeting with an attorney about your estate plan because you think you can't make the perfect decision, just make a good decision and get your plan in place. It can always be changed while you are alive, but it can't be created out of thin air when you are no longer around.