Client’s Immediate Need –
Client recently lost his wife and needed a plan that would protect and take care of his children in the future. His greatest concern was who would carry the responsibility of caring and raising his children should he unexpectedly pass away. This is a common concern for many parents, but especially widow / widowers of under aged children.
More than a Trust….
Although Client’s initial request was a trust-based plan, Gary Dewitt offered solutions specific to Client’s individual needs. Gary’s comprehensive plan included a trust, durable power of attorney, healthcare power of attorney, HIPAA Waiver and a Living Will. With a customized plan, Client was able to protect his assets while ensuring the children would have access to funds, as needed.
Are all trusts the same?
Through Gary’s counsel, the trust included parameters to ensure college funds were spent on college-related needs such as, education, room & board – all directly to the institution and/or landlord. For peace of mind and assurance, Gary encouraged advanced planning of college education and living arrangement.
Another satisfied client!
DeWitt Law Firm gained a satisfied and relieved client. Client had perceived knowledge and expectations for a trust to protect his children and assets. By asking the right questions and learning Client’s priorities, Gary provided immeasurable value by safeguarding client’s children and their financial interests.