Are you interested in creating a thoughtful, organized plan for the future? Do you want to ensure the financial security of yourself and your loved ones for the future? If so, it may be time to prepare an estate plan.
If you’d like to start working on your estate plan, contact a Fairhope estate planning attorney from The Law Offices of Brenton C. McWilliams.
Call our law firm today to schedule a consultation with one of our estate planning lawyers.
Population Statistics for Fairhope, AL
According to the United States Census Bureau, the population estimate for Fairhope, AL, in 2021 was 23,147. Of this total, 23% were people ages 65 years and older, while 26.1% were people under 18.
Additionally, the median household income in Fairhope from 2017 to 2021 was $83,258.
As a resident of a growing, higher-income city with a family-focused atmosphere, it is essential to have an estate plan in place. Contact an estate planning lawyer today if you’d like to secure your assets and your family’s future.
Helpful Resources in Fairhope, AL
Here are some local resources you might be interested in as part of your overall planning.
Country Place Senior Living
If you or someone you love needs help with day-to-day tasks, consider looking at an assisted living community, such as Country Place Senior Living or another nearby community of your choice.
Country Place Senior Living
8127 Gayfer Rd. Ext.
Fairhope, AL 36532
(251) 929-3627
Homestead Village of Fairhope
If you or a loved one is in need of an independent living or assisted living community, consider visiting Homestead of Fairhope or another senior community of your choice.
Homestead Village of Fairhope
924 Plantation Blvd.
Fairhope, AL 36532
(251) 929-0250
James P. Nix Senior Center
The James P. Nix Senior Center is an organization that offers several programs, activities, and classes for those who are 50 years old or over. With so many engaging activities and amenities, this center is a great place for seniors to build community.
James P. Nix Senior Center
161 North Section St.
Fairhope, AL 36532
(251) 928-2136
Reliable Estate Planning Attorneys Serving Fairhope, AL
Given all of the conflicting information, it can prove challenging, overwhelming, and time consuming to prepare your estate plan. We at The Law Offices of Brenton C. McWilliams are here to serve as your guide to simplify the process for you.
Listed below are some of the legal services performed at our firm:
- Elder law
- Medicaid planning
- Special needs planning
- Wills and estate planning
- Probate and estate administration
FAQ: Fairhope Estate Planning
What is the difference between a will and a trust?
A will is a legal document that states how you’d like to distribute your assets once you pass away. If you pass away without a will in place, the State of Alabama will determine how your assets will be distributed.
A trust also typically states how you’d like to distribute your assets once you pass away. However, a properly created trust can serve as a tool for that distribution to be made without any interaction with the probate court. A trust can also provide structured gifts to beneficiaries if necessary such as distributions over time or granting a right to a beneficiary to occupy real estate for some period of time.
Do I need a will if I already have a trust?
While a will and a trust seem like similar estate planning documents, they serve different purposes. Without a will, any assets going into your probate estate may not be distributed how you’d like them to be. A trust is a great tool for avoiding probate, so it’s beneficial to have both a will and a trust.
How do I appoint an executor of my estate?
An executor of an estate is responsible for carrying out a will and administering an estate during the probate process. When drawing up your will, you appoint an executor within your last will and testament. If something were to happen before you have an executor in place by the time of your passing, the State will choose one for you. This is yet another reason why it is so important to get a head start on your estate planning. Official, legal documents will ensure control over your assets after passing.
Contact a Fairhope Estate Planning Lawyer Today
The Law Offices of Brenton C. McWilliams wants to support you through the estate planning process. Our goal is to make estate planning simple and easy to understand with an emphasis on making things as easy as possible for your beneficiaries. We will help you make a solid estate plan.
If you need help creating an estate plan, contact an AL estate planning attorney at our firm.
Call us today to schedule a consultation.