BUSINESS FORMATIONS,
TRANSACTIONS & LITIGATION
REAL ESTATE CLOSINGS,
CONTRACTS & LITIGATION
Wills and Succession,
Asset Protection
WILLS, SUCCESSION AND
ASSET PROTECTION
Only a professionally - executed will can assure that your family and assets will be protected, and that your wishes will be legally enforced. At Ben Luke Law, we know that each client’s needs are different, so we pull from an extensive knowledge base and years of experience to create tailored solutions for wills, succession and asset protection. We help our clients navigate and understand the available asset protection options, including living wills and power of attorney.
“Succession” is the transmission of the deceased’s estate or rights to his successors. The successors have the right to take possession of the deceased’s estate after complying with applicable laws. A person’s estate includes the property, rights and obligations that person had at death, including any rights and obligations that may have accrued since death.
A succession is opened to obtain possession of property, such as home and real estate, vehicles, access to bank accounts, pensions or certain insurance proceeds. A succession must be properly executed to grant one’s family rights to that person’s property after their death. A succession should usually be opened as soon as possible after the decedent’s death, as delays may cause problems such as lost documents or wills, or the family could face tax sales of homes due to unpaid taxes. Waiting too long may also make a succession more complicated and expensive. It’s never too soon to plan, so call Ben Luke Law today.
