Estate Planning Basics: Working with a Sacramento Probate Attorneys
Published by Trudy Nearn on April 9, 2014
A lifetime of productive employment and diligent savings may yield you some acquired properties and other assets. However, as Benjamin Franklin once said, “Nothing in this world is certain, except death and taxes”. When people take this to heart, they begin to understand the importance of estate planning. Either from death or incapacitation, they know that the time will come when decisions have to be made about their properties and their assets.
Estate planning is the process of planning how an individual’s property will be distributed after death. When there are significant assets involved, this person will at some point puzzle over how to make the best of everything he has worked hard for, or speculate how to divide his estate to benefit his heirs. Seaside Courier, in an article on estate planning, points out:
"You may worry about what will happen to your house and property when you’re no longer willing or able to care for it – particularly if you own property that has a special meaning to you, such as a family home or woodlands. With so many options on the table, it’s important to research the facts, make important decisions and get paperwork started."
One way to start things off with an estate plan is by hiring professional help. An experienced estate lawyer or probate attorney in Sacramento, such as the tax-smart, family-aligned team of estate and trust lawyers from Generations, will help you make the right decisions to create a sound estate plan where your family and financial goals are met, while avoiding the perils that create bad blood or rancor among estate beneficiaries.
You can choose to let an estate planning and probate attorney in Sacramento, CA handle your case entirely, or you can retain the lawyer as an advisor. Most people let their estate attorney guide them throughout, helping them thread through their assets—retirement plans, insurance policies, personal savings, and real estate—including issues regarding estate beneficiaries. There are also estate documents or directives you can use to name someone you trust to make decisions about your finances or medical care in case you become incapacitated and can no longer make decisions about these things.
(Source: Things to Consider When Estate Planning, Seaside Courier, April 6, 2014)
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