Idaho
Estate Planning
Secure your legacy and protect your loved ones with custom estate planning solutions.
Done correctly, estate planning gives you and your family peace of mind that your wishes will be carried out: for your health, for taking care of your loved ones, and for your legacy.
Estate Planning for Idaho Families
At Idaho Estate Planning, we help you build a custom plan to protect your family and legacy. We will help you decide what legal tools and strategies you will need, such as:
- Last will and testament
- Revocable and irrevocable trusts
- Testamentary trusts
- Special needs trusts
- Powers of attorney
- Advanced directives
- Living will
Your estate plan should be as unique as your family. With our guidance, you can create a plan that preserves and protects assets and gives you the future you and your loved ones deserve.
Our Custom Estate Planning Process
Frequently Asked Questions
What is estate planning?
An Idaho estate plan is designed to outline the distribution of your Idaho estate. Your estate includes all your assets at your death or at the time you become incapacitated and are unable to make your own decisions. Your assets include:
- your house,
- other real property (cabin, recreational property),
- bank accounts,
- investment accounts,
- a business (if applicable),
- digital assets,
- personal items, and
- any debts
Who should have an estate plan?
Everyone who has a family, especially those who have minors. An estate plan includes instructions on how your assets are distributed, who they are distributed to (beneficiaries), and who will become guardians of minors. An estate plan is not just for the rich. Everyone has an estate.
When should I create my estate plan?
Individuals should create their estate plans when they enter adulthood and begin acquiring assets, insurance, and retirement. It becomes even more important when you have children. Your estate plan will allow you to give instructions on who will become the guardian of your children if you should pass or become incapacitated.
What if I die or become incapacitated and do not have an estate plan in place?
If you do not have an estate plan in place, an Idaho judge will use the default plan found in the Idaho Code. The Idaho Legislature has already designed a plan for you that will determine who will inherit your assets, when they will inherit them, and who may become guardians of your minor children. 70% of Americans currently use the default (government) plan, and most would not approve of the final results. Make a plan that honors your wishes and protects your family.
Do I need an attorney to create my estate plan?
It is possible to complete some of your estate planning documents without using an attorney. However, the “one size fits all” forms rarely address an individual’s unique situation, nor is professional, local legal counsel available. An experienced Idaho estate planning attorney that focuses exclusively in estate planning provides local legal guidance, knowledge of current changes in the law, and specific attention to your wishes for your family.
How do I get started with my Idaho estate plan?
Getting started with your Idaho estate plan can be overwhelming. Begin by contacting an estate planning attorney in Idaho who has a focused practice in estate planning such as Mark E. Wight or Carly Ward. Complementary consultations are available as well as an opportunity to ask questions and receive guidance on what is next. Idaho Estate Planning is available at info@idahoestateplanning.com or call 208-939-7658.
