Personalized estate planning

For over five decades, James Russo & Partners LLP has guided clients through personalized estate planning, which can be updated as often as needed as life goes on.

Taking the time now to plan for the future will reap many benefits for you and your family. Estate planning centres around two main elements:

Building a will

Wills are a wise investment of time no matter the life stage, because they provide the foundation to safeguard assets, weather difficult situations after a loved one passes away, and deliver peace of mind that your own affairs – including digital assets – are in order.

By no means do these important documents need to be developed at a difficult time in life. In fact, at James Russo & Partners LLP, we often see clients prepare wills before or after they get married, have a child, or go on a vacation overseas.

Whatever situation brings you to our office, know that an expertly developed will provides security for your family, protects against unanticipated scenarios, helps avoid unnecessary complications, and ensures personal decisions and desires are carried out according to your wishes. Your assets reflect your passion and hard work – and a will ensures that they are distributed in a manner that works best for you and your family.

Customizing a Power of Attorney

Unlike a will, which ensures your wishes are protected after death, a power of attorney (POA) gives a trusted person or persons authority over your affairs while you’re still living, but unavailable, or incapable of making decisions about your personal care or property.

Our lawyers will discuss your values and goals, and carefully ensure that your legacy is protected according to your wishes, reducing the potential for disputes that can damage relationships.

Our lawyers can also recommend legal instruments that can address other issues, such as a living trust, advanced medical directives, or digital asset planning, to achieve specific goals you may have.

Our basic estate planning package includes these documents:

• Will
• Power of attorney for property
• Power of attorney for personal care
• Advance directive for medical care (living will)