Washington, D.C. Estate Planning Attorneys

Lawyers for Trusts, Wills, and More in Washington, D.C.

Estate planning can be critical for protecting your legacy, ensuring that your wishes will be honored, and providing security for your loved ones. In Washington, D.C., the estate planning attorneys at Fox & Moghul can provide you with legal services to help you address your unique needs and make sure you and your family will be able to achieve your goals. We will work with you to develop a comprehensive plan that will provide you with assurance about the legal issues and financial concerns that may affect your loved ones in the future.

The Importance of Estate Planning

With a comprehensive estate plan in place, you can:

• Ensure that your assets will distributed to different beneficiaries based on your instructions.
• Minimize financial and emotional burdens for your loved ones as they address issues related to your medical care, your finances, and your assets.
• Provide instructions about medical and financial decisions in case you ever become incapacitated.
• Avoid unnecessary delays or disputes during the probate process.
• Protect your estate from creditors while minimizing taxes.

Essential Elements of an Estate Plan

During the estate planning process, you may create multiple types of documents that will address different aspects of your personal and financial affairs. The attorneys at Fox & Moghul will work with you to create a plan tailored to your needs, including:

• Wills and Trusts: A will specifies how your property and assets should be distributed to your heirs after your death, and it also allows you to name a guardian for your minor children in the event of your untimely death. Trusts can also be used to manage and distribute your assets. Options include revocable living trusts, charitable trusts, and special needs trusts. Trusts may be used to minimize estate taxes, distribute assets outside of probate, and ensure financial security for beneficiaries. Fox & Moghul can help you draft legally sound wills and trusts that reflect your wishes and address the financial needs of you and your family.
• Powers of Attorney: By creating a legally sound power of attorney agreement, you can designate a person who will have the authority to manage financial or legal concerns if you become unable to do so. Fox & Moghul can help you draft a durable power of attorney that will make sure your assets and affairs will be managed correctly.
• Healthcare Directives: Advance directives such as a living will can ensure that your preferences regarding medical care and end-of-life treatment will be known. By appointing someone to make healthcare decisions if you are unable to do so, you will help your family avoid uncertainty, and you can ensure that your values will be respected during critical medical situations.

Addressing Additional Estate Planning Needs

Estate planning often involves more than just preparing documents. Fox & Moghul can help you address a wide range of related issues to ensure that your estate plan will provide for your and your family's future needs. We can assist with:

• Asset Protection: If you own substantial assets or have business interests that you want to protect, you will want to make sure asset protection will be a consideration in your estate plan. Fox & Moghul can help you understand the strategies you can use to shield your wealth from creditors, lawsuits, or other risks. We can advise you on whether you may be able to use asset protection trusts, business structures such as limited liability companies (LLCs), or properly structured retirement accounts and insurance policies.
• Will and Trust Disputes: Family members or other heirs may encounter disputes due to unclear language, allegations of undue influence, or claims of improper execution. Fox & Moghul works with beneficiaries, executors, and trustees to resolve these conflicts effectively while working to protect our clients' interests and the integrity of the estate.

Contact Our Washington, D.C. Estate Planning Lawyers

Take control of your future and secure your legacy by working with the estate planning attorneys at Fox & Moghul. We can help you draft wills and trusts, address complex asset protection concerns, and provide you with assurance that your family's future will be secure. Contact us by calling 703-652-5506 to set up a consultation.