Estate Planning and Probate

Estate planning is absolutely necessary so that individuals and families can make arrangements for the management and distribution of their real estate and personal property during life and after death. At The Law Office of Steven L. Grady, estate plans are tailored to each client’s unique needs and desires. A properly crafted estate plan can provide important protection for estates of any size and is beneficial to all clients, regardless of their wealth or income. 


The Law Office of Steven L. Grady strives to make comprehensive estate plans affordable for every client because every individual can benefit from the advantages of a comprehensive estate plan. At The Law Office of Steven L. Grady, a standard comprehensive estate plan consists of a revocable trust, a last will and testament, a power of attorney, a durable power of attorney for heathcare decisions, an advanced care directive for healthcare, a bill of sale for personal property, and a warranty deed for real property. The benefits of each of these documents is explained more fully below.   


Steven L. Grady is an experienced estate planning attorney who will take the time to listen to your questions and who can explain the steps that are necessary to reach your estate planning goals. If you want more information about how you can plan for your family’s future, please call The Law Office of Steven L. Grady today to schedule a free consultation. 

Revocable Trust

A properly drafted revocable trust allows an individual to direct how real estate and personal property are to be distributed both during their life and after death, while simultaneously avoiding the expensive and time-consuming process of probate entirely. If a revocable trust is utilized properly, a person's estate may pass to that person's heirs without need for any court proceedings at all. 



Last Will and Testament

A Last Will and Testament is a document which provides who is to receive a person’s assets after the person’s death. It may nominate a person as an Executor to administer the person's estate after death, and can also nominate a guardian for the person's minor children.  For a Last Will and Testament to have any effect, it must be probated in Circuit Court.  

Power of Attorney

A Power of Attorney allows an individual to authorize a designated person to sign the individual's name and to make decisions for the individual. A Power of Attorney is particularly useful if an individual becomes unable to make personal and business decisions as a result of an accidental injury or illness.  

Durable Power of Attorney for Healthcare

A Durable Power of Attorney for Healthcare allows an individual to choose who is authorized to make medical decisions for the individual if the individual is unable to make their own medical decisions. 

Advanced Care Directive for Healthcare

An Advanced Care Directive for Healthcare is a document in which an individual can make some health care decisions in advance, such as decisions concerning the withholding of or withdrawing of life sustaining treatment when a person's medical condition is such that they will not recover.  

Bill of Sale

A Bill of Sale is commonly used in estate planning to transfer ownership of personal property to the revocable trust or to heirs directly.

Warranty Deed

A Warranty Deed is commonly used in estate planning to transfer ownership of real estate to a revocable trust or to heirs directly.

Comprehensive Plan

A comprehensive estate plan not only allows a person to make all of their own decisions and to control all of their assets during their lifetime, but it also allows a person to to direct how their assets will be distributed when they pass away.  For your loved ones, a comprehensive estate plan can also eliminate or significantly reduce the stress, burden and cost of distributing your estate.

Probate

The Law Office of Steven L. Grady also helps families with Probate, which is the legal process that is normally required after someone has died to transfer ownership of property to the deceased person's heirs.  If you have questions about a probate or are in need of an experienced attorney to assist your family with a probate, please call The Law Office of Steven L. Grady today to schedule a free consultation.