Wills / Estate Planning & Administration
Estate planning involves not only the making of a Will or creation of a Trust, but also powers of attorney for management of your financial affairs and medical needs in the event of your incapacity. Wesley Bailey and David W. Bailey, Jr. lead our estate planning group. They listen to your needs and concerns and develop the best plan for you, your family and your business.
We also provide advice and counsel on tax planning and gifting so you can accomplish your financial and charitable objectives through calculated gifts and donations. We have extensive knowledge and experience about charitable remainder trusts which offer continuing periodic payments at attractive rates as well as immediate tax benefits.
The loss of a loved one is overwhelming. We can help you with all the details – from assistance with funeral arrangements to settlement of the estate. Our estate administration team will provide you with personal service in all aspects of probate law including qualification of the personal representative before the Clerk of Court, collection of assets, payment of debts, distribution to heirs, and required accountings. We also provide assistance on pending health insurance and Medicare claims, life insurance claims, and the decedent’s final income tax return. We are there for you every step of the way with trustworthy advice and guidance.
With a full range of additional related services, including elder care, management and accounting of power of attorney accounts and trusts, guardianship, partition proceedings, and estate litigation including will contests, Bailey & Thomas provides you with peace of mind.