Estate Planning with GCPA

Whether your estate is large or small, you should designate someone to manage your assets and make health care and personal care decisions for you if
you should become unable to do so for yourself. Through estate planning, you can
determine:

• How your assets will be managed should you become unable to manage them.
• How personal care health care decisions will be made should you become unable to care for yourself.
• How your assets will be distributed after your death.

A Plan You Can Live With

During your lifetime certain estate planning documents provide protection of your assets and direction of your personal decisions should you become incapacitated. Other documents ensure that your final wishes are carried out, including those regarding the distribution of your assets, upon your death. Some of the most common estate planning solutions include powers-of-attorney, living wills and living trusts.

Power-of-Attorney
A power-of-attorney is a document that allows you to appoint an individual or organization as agent to handle your financial, health care, and mental health care affairs should you be incapacitated or unable to do so.

Living Will
A living will communicates your wishes regarding life prolonging medical treatments. This document is important, as it informs your family and health care providers about such medical treatments in the event you are unable to speak for yourself.

Living Trust
A living trust creates an entity of which you are the trustor, trustee, and beneficiary. It is created for the lifetime management of your assets as well as direction for the division and distribution of your estate. The trust holds legal title to your property of which you maintain full control. Different types of trusts can help avoid probate, reduce estate taxes, maintain privacy of your estate, or establish long-term property management.


About GCPA

At Grand Canyon Planning Associates, LLC (GCPA), we provide caring and personalized attention to your needs. We have been helping
Arizona residents just like you with their retirement and estate planning for over 15 years. Let our family help your family.

Click here to send an e-mail requesting more information, or call 480-991-1055.