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Recent years have brought unprecedented change in the areas of estate planning and administration and there is every indication that the next few years will bring more regulation, less clarity, more pitfalls and fewer loopholes to these areas. Only well-informed planning will reduce the delay, frustration, and taxation that too often make the settlement of an estate a bitter experience.
The philosophy of Blakey, Yost, Bupp & Rausch, LLP with respect to estate planning is simple. The first step is always to ascertain the client's objectives. A plan is then developed to accomplish these objectives in the simplest, most straightforward way with the lowest possible tax upon one’s death. Tax planning should not drive personal planning, however, but rather, personal planning can make good tax sense.
For many, a complete estate plan will consist of three documents: (1) the Last Will and Testament; (2) the Power of Attorney; and, (3) the Advance Health Care Directive that incorporates a Living Will and a Health Care Agency. These three documents can save you and your family much turmoil and difficulty. For some, a Revocable Living Trust can be an important tool to manage assets in various states. For those with greater assets, more complex trusts and wills can be drawn to anticipate the coming changes in the federal estate tax.
Our firm's philosophy of prompt and efficient service helps set it apart from many others in the probate and administration of estates. Estates are administered promptly and concluded as quickly as the law and tax considerations allow. No one's interest is served in delaying the resolution of an estate. Blakey, Yost, Bupp & Rausch, LLP is committed to efficient administration and, toward that end, employs paralegal staff with a high level of knowledge and experience to probate and administer the estate to an early resolution.
The firm is proud to participate in the Leave A Legacy program. Talk to our attorneys to find out more about this estate planning tool.

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