Frequently Asked

Questions

About

At Altitude Law we do Estate Planning, Probate, and Business Law.  Altitude Law was created with the goal of helping both families and businesses plan ahead to allow them to live confidently and leave a legacy for future generations. You work hard for the life you have, do not risk letting your hard work go to waste.

Lets Chat

If you have concerns about the plans regarding your estate or your business we need to talk. The best and easiest way to do that is by following the links below to schedule a free session.

Estate Planning Strategy Session

Businesses Planning Strategy Session

ESTATE PLANNING FAQS

 

What is an Estate?

The term "Estate" simply means the complete collection of someone's assets owned at their death.

What is an Estate Plan?

An Estate Plan is a set of documents that plan for the incapacity and for the death of an individual by setting out who will manage and who will receive their property.

What is Probate?

Probate is the division of the court that oversees the administration of the estate of someone after they pass away.

What is a Will?

A will is an estate planning document that controls who will administer someone's probate estate, who will receive someone's probate estate, and who will be guardian of any minor children.

What is a Trust?

A trust is an estate planning document that names who will manage someone's assets, whom the assets will be managed for, and what restrictions or rules govern the distribution of the assets.

What is a Power of Attorney?

A power of attorney is a document that names a person who can act and make decisions on behalf of someone else. The healthcare power of attorney names someone to make medical decisions. The durable power of attorney names someone to make financial or legal decisions.

What is a living will?

A living will, also referred to as an healthcare directive, provides direction to doctors and medical staff on end-of-life treatment and care that an individual does or does not want.

Do I need an Estate Plan?

Yes! Everyone 18 years old or older can benefit by having an estate plan. The difference in age or other life circumstances only affects the type of planning needed.

What happens if I do not have an Estate Plan?

If you do not have an estate plan, the management of your estate and the people who will receive your estate is decided by state law and a judge. 

What type of Estate Plan do I need?

There is no "one-size fits all" approach in estate planning. Each individual or family have different planning needs based on their lives. 

How can I get started on my Estate Plan?

Schedule a free strategy session, by clicking here, where you will discuss your specific situation and what type of planning you want to do to protect your family and leave a lasting legacy behind.